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RESOLUTION NO. 8673 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> Adopting the 2017 Property Tax Levy <br /> WHEREAS, the City Council has conducted numerous meetings and has made available detailed <br /> copies of the proposed 2017 Budget; and <br /> WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation <br /> meeting on December 5, 2016 to take comment on the proposed 2017 tax levy; and <br /> WHEREAS, when the Fire Improvement Bonds of 2013 were issued, the debt service was scheduled to <br /> be $98,116, however due to changes in the allocation of costs between participating cities, Mounds <br /> View's actual 2017 cost on said bonds will be $90,835. <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the <br /> following property tax levy for 2017 is hereby approved: <br /> General Fund base levy $ 3,833,967 <br /> Fire Bonds of 2013 levy 90,835 <br /> PERA rate increase levy 39,145 <br /> Police Referendum market value levy 205,000 <br /> Total General Fund property tax levy $ 4,168,947 <br /> Street Improvement Capital Projects Fund levy $ 300,000 <br /> Total Property Tax Levy $ 4.468,947 <br /> and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of <br /> said 2017 property tax levy. <br /> Said resolution was declared to have been duly passed and adopted this 12th day of December, 2016. <br /> oe Flaherty; ayor <br /> ATTEST: <br /> djZtAt (/2AAA-Z)VL <br /> James Ericson, City Administrator <br /> (SEAL) <br />