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HomeMy WebLinkAboutRES 23-033 APPROVING THE PROPOSED 2024 DEBT LEVY AND THE PHASE II DEBT LEVY PROGRAM FOR SAVCITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 23-033 A RESOLUTION APPROVING THE PROPOSED 2024 DEBT LEVY AND THE PHASE 11 DEBT LEVY PROGRAM FOR THE CITY OF ST. ANTHONY VILLAGE WHEREAS, the City Council has annually reviewed the debt levy requirements and long-range debt levy program and WHEREAS, the City Council discussed future infrastructure improvements, and debt levy amounts and funding scenarios for said improvements, at the Council's work session on June 13' 2023 work session. NOW, THEREFORE, BE IT RESOLVED that: 1) The proposed 2024 Debt Levy amount shall be set at $ 2,136,734 2) The Street portion of the Infrastructure levy shall increase by $350,447 3) Resulting in a combined levy for the Street Improvement program and related Debt Service funding plan at $2,487,181 Adopted this 27a' day of June, 2023. -A- Ik Rand S lle, Mayor ATTEST: 4a��, Cffy Omer/j Reviewed for administration: Charlie Yunker, City Manager