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HomeMy WebLinkAboutCC RES 90-031 RESOLUTION SETTING PROPOSED 1991 TAX LEVY, 1991 BUDGET AND PUBLIC HEARING DATES IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 103681 Box: 26 Folder: RES 1990 Document: CC RES 90-031 RESOLUTION SETTING PROPOSED 1991 TAX LEVY., 1991 BUDGET AND PUBLIC HEARING DATES IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT CITY OF ST. ANTHONY 0440 RESOLUTION 90-031 A RESOLUTION SETTING PROPOSED 1991 TAX LEVY, 1991 BUDGET AND PUBLIC HEARING DATES IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT WHEREAS, the Truth in Taxation Law requires that the City of St. Anthony provide Hennepin and Ramsey Counties with a proposed 1991 Tax Levy and Budget; and WHEREAS, the information required for the City Council to make a definitive tax levy cannot be determined until the City of St. Anthony holds its public hearings; and WHEREAS, the furnishing of this proposed tax levy is made contingent on any revisions being allowed if the current law is modified. NOW, THEREFORE, BUT IT RESOLVED that: (1) The proposed tax levy for 1991 is: General Fund Levy $1, 470, 987 Housing and Redevelopment • Authority Levy $ 29 , 000 Certificate of Indebtedness $ 99 , 638 (2) The proposed 1991 operating budget is: $4 , 522 , 635 BE IT FURTHER RESOLVED that: (1) The hearing date for the 1991 proposed budget be set at November 27, 1990, 7 : 30 P.M. and if necessary be reconvened November 28 , 1990, 7 : 30 P.M. . a}� Adopted this n day of iLS r 1990. Mayor ATTEST: City Clerk • Reviewed for Administration: �'2v"Iev- CManager • �. �� r