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HomeMy WebLinkAboutResolution 2560 .' . . RESOLUTION NO. 2560 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA Pursuant to due call and notice thereof, a meeting of the Council of the City of Mounds View, Minnesota was held at City Hall on November 13, 1989 with the following members present: Mayor Hankner 1, Co~nci 1 members Wuori L Oui ck, B1 anchard Paone and the fol~ow1ng members abs~n~: ' None Member Quick introduced the following resolution and moved its adoption: A RESOLUTION CERTIFYING THE 1990 PROPOSED GENERAL FUND, FORESTRY FUND AND DEBT SERVICE PROPERTY TAX LEVIES AND BUDGETS AND SETTING THE DATE FOR A PUBLIC HEARING ON THE SAME PURSUANT TO PRESENT TRUTH IN TAXATION LEGISLATION BE IS RESOLVED by the Council of the City of Mounds View, Minnesota, as follows: 1) RESOLVED that pursuant to Truth In Taxation legislation the following is certified to the County of Ramsey as the City of Mounds View's proposed 1990 property tax levy: General Fund Forestry Fund Advanced Refunding Bonds of 1976 Capital Notes $1,255,153 30,998 4,200 100,955 Total Proposed 1990 Property Tax Levy $1,391,306 Increase from 1989 Property Tax Levy 25.56% 2) RESOLVED that pursuant to Truth In Taxation legislation the City of Mounds View's proposed 1990 budgets financed with property tax levies are as follows: 4 . . . .. RESOLUTION NO. 2560 PAGE TWO OF TWO General Fund Forestry Fund Advance Refunding Bonds of 1976 Capital Notes $2,690,912 42,435 16,550 100,955 Total Proposed 1990 Budgets Financed with Property Tax Levies $2,850,852 Increase from 1989 Budget 3.66% 3) RESOLVED that a public hearing on the Proposed 1990 Budget and the Proposed 1990 property tax levy will be held at 7:05 p.m. on November 27, 1989 in the Council Chambers of the City Hall, 2401 Highway 10, Mounds View, Minnesota 55112. Should it be necessary to adjourn the public hearing and continue it at a later date the reconvened hearing will be held at 7:05 p.m. on December 11, 1989 in the Council Chambers of the City Hall, 2401 Highway 10, Mounds View, Minnesota 55112. The motion for adoption of the above resolution was duly seconded by Member Blanchard and upon a vote being taken, 5 Ayes 0 Nays, said resolution was declared duly passed and adopted this 13th day of Nbvember 1989. ATTEST: (SEAL)