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CC PACKET 09082020
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CC PACKET 09082020
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9/3/2020 8:33:06 AM
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9/3/2020 8:21:49 AM
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ISSUANCE OF 2020A G.O. BONDS <br />•2020A General Obligation Bonds - $3,000,000 <br />Street Reconstruction and Utilities replacement <br />32nd Avenue - from Rankin Road to Croft Drive <br />Croft Drive – from 32 <br />nd Avenue to 31st Avenue <br />Silver Lake Terrace <br />Mill and Overlay <br />Silver Lane – from Stinson Boulevard to Silver Lake Road <br />•In 2020 the median value home’s property taxes were $57.63 monthly for road, utility, parks and facility improvements <br />IMPACT OF DEBT LEVY RELIEF <br />•Overall levy increase without DLR: 10.42% <br />•With debt levy relief: 3.37% increase <br /> 1,000,000 <br /> 1,500,000 <br /> 2,000,000 <br /> 2,500,000 <br /> 3,000,000 <br /> 3,500,000 <br />2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 <br />27
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