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RESOLUTION NO. 9196 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />Adopting the 2020 Property Tax Levy <br />WHEREAS, the City Council has conducted numerous meetings and has made available detailed copies <br />of the proposed 2020 Budget; and <br />WHEREAS, the City Council provided the public an opportunity to speak at the Truth in Taxation meeting <br />on December 2, 2019 and at the several budget meeting to take comment on the proposed 2020 tax <br />levy; and <br />WHEREAS, the Fire Improvement Bonds and Notes will require debt service of $171,190 due to changes <br />in the allocation of costs between participating cities. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following <br />property tax levy for 2020 is hereby approved: <br />General Fund base levy $ 4,472,248 <br />Fire bonds and notes debt service 171,190 <br />PERA rate increase levy 39,145 <br />Police Referendum market value levy 2017 110,000 <br />Police Referendum market value levy 2004 220,000 <br />Total General Fund property tax levy $ 5,012,583 <br />Street Improvement Capital Projects Fund levy $ 150,000 <br />2017 Capital Improvement Bonds Debt Service levy $ 416,294 <br />Total Property Tax Levy $ 5,578 877 <br />and the City Administrator is hereby directed to notify Ramsey County and the State of Minnesota of said <br />2020 property tax levy. <br />Said resolution was declared to have been duly passed and adopted this 91" day of December, 2019. <br />441"t-( <br />Carol A. Mueller, Mayor <br />ATTEST; <br />Nyle rkmu , City Administrator <br />(SEAL) <br />