Laserfiche WebLink
RESOLUTION NO. 7370 <br /> <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> <br /> Adopting the 2009 Property Tax Levy <br /> <br />WHEREAS, the City Council has conducted numerous meetings and has made available detailed <br />copies of the proposed 2009 Budget; and <br /> <br />WHEREAS, the City Council held a public hearing on December 1, 2008 to take comment on the <br />proposed 2009 levy; and <br /> <br />WHEREAS, General Obligation Improvement Bonds of 2004 were issued and require a debt service <br />levy of $187,928 to be collected in 2009; and <br /> <br />WHEREAS, when the Fire Improvement Bonds of 1991 were issued, the debt service was <br />scheduled to be $77,278, however, due to changes in the allocation of costs between participating <br />cities, Mounds View’s actual 2009 cost on said bonds will be $63,372; and <br /> <br />WHEREAS , when the Fire Improvement Bonds of 2005 were issued, the debt service was <br />scheduled to be $98,444, however due to changes in the allocation of costs between participating <br />cities, Mounds View’s actual 2009 cost on said bonds will be $95,523. <br /> <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the <br />following property tax levy for 2009 is hereby approved: <br /> <br />General levy $ 3,210,748 <br />Fire Bonds of 1991 levy 63,372 <br />Fire Bonds of 2005 levy 95,523 <br />PERA rate increase levy 26,822 <br />Police Referendum net tax capacity levy 215,000 <br /> <br />Total General Fund 2009 property tax levy $ 3,611,465 <br /> <br /> G.O. Improvement Bonds of 2004 debt service levy $ 187,928 <br /> <br /> Total Property Tax Levy 2009 $ 3,799,393 <br /> <br />and the City Clerk-Administrator is hereby directed to notify Ramsey County and the State of <br />Minnesota of said 2009 property tax levy. <br /> <br />Said resolution was declared to have been duly passed and adopted this 8th day of December, <br />2008. <br /> <br /> __________________________ <br /> Rob Marty, Mayor <br />ATTEST: <br /> <br />__________________________ <br />Jim Ericson, City Clerk-Administrator <br />(SEAL)