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RESOLUTION NO. 8330 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> Adopting the 2015 Property Tax Levy <br /> WHEREAS,the City Council has conducted numerous meetings and has made available detailed copies of <br /> the proposed 2015 Budget; and <br /> WHEREAS,the City Council provided the public an opportunity to speak at the Truth in Taxation meeting on <br /> December 1, 2014 to take comment on the proposed 2015 tax levy; and <br /> WHEREAS,when the Fire Improvement Bonds of 2005 were issued,the debt service was scheduled to be <br /> $98,088, however due to changes in the allocation of costs between participating cities, Mounds View's <br /> actual 2015 cost on said bonds will be $101,704; and <br /> WHEREAS,when the Fire Equipment Certificates of 2011 were issued, the debt service was scheduled to <br /> be$52,138, however due to changes in the allocation of costs between participating cities, Mounds View's <br /> actual 2015 cost on said bonds will be $56,635. <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following <br /> property tax levy for 2015 is hereby approved: <br /> General Fund base levy $ 3,665,826 <br /> Fire Bonds of 2005 levy 101,704 <br /> Fire Equipment Certificates of 2011 levy 56,635 <br /> PERA rate increase levy 39,145 <br /> Police Referendum market value levy 187,000 <br /> Total General Fund property tax levy $ 4,050,310 <br /> Street Improvement Capital Projects Fund levy $ 300,000 <br /> Total Property Tax Levy $ 4,350,310 <br /> and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said <br /> 2015 property tax levy. <br /> Said resolution was declared to have been duly passe• a d adopted this 8th day of December, 2014. <br /> ATTEST: <br /> oe Flaherty, Mayor <br /> ii <br /> �.J c YvA\ <br /> James Ericson, City Administrator <br /> (SEAL) <br />