2010.09.07 CC Minutes - Laserfiche WebLink

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Minutes for the Hugo City Council Meeting September 7, 2010 Page 6 of 9 Approve Resolution Setting City Tax Lew At its August 11, 2010 mid -year budget review meeting, the City Council directed staff to prepare a preliminary tax levy resolution that keeps the urban tax rate at or below the current level. City Finance Director Ron Otkin provided details of the proposed tax levy of $4,892,591, which represents a 6.22% reduction from last year. Ron explained that, as of this meeting, the County has not released any taxable market value or tax capacity data for next year data due to problems with the computer software. Staff is estimating an overall decrease in tax capacity of $1,104,828 or 7.95%. Based on those estimated, the proposed tax levy rate will remain the same as last year. Ron noted that this amount cannot be increased once certified by Washington County, and the draft resolution provided for authority for the finance director to adjust the General Operating portion of the tax levy. Ron also noted the City will not receive the Market Value Homestead Credit Unallotment of $284,831 in 2010 and likely not receive it in 2011. Finance Director Ron Otkin announced the final budget and tax levy hearing is scheduled for December 6, 20010 at 7:00 p.m. at Hugo City Hall. The public is invited to speak at this hearing prior to adoption of the final budget and levy. Haas made motion, Weidt seconded, to adopt RESOLUTION 2010-43 APPROVING THE CITY'S PRELIMINARY TAX LEVY PAYABLE IN 2011. Ayes: Petryk, Weidt, Klein, Haas, Miron Nays: None Motion carried. TH Staff is pleased to inform the Council and residents that the traffic improvements to the TH61/130 Street intersection have been completed, and the traffic signal has been install and is operating. At its August 16th meeting, the Hugo City Council directed staff to reschedule the Ribbon Cutting Ceremony to celebrate the completion of the project. Staff has been in contact with the Mayor and Wilson Tool, and they have proposed to hold the Ribbon Cutting Ceremony on Tuesday, September 21, 2010. Weidt made motion, Petryk seconded, to schedule the Ribbon Cutting Ceremony for the TH61/130 Street intersection for Tuesday, September 21, 2010 at 11 a.m. All Ayes. Motion carried. Approve Rescheduling Grand Opening Ceremony for Skate Park to Friday, October 1, 2010 At its August 16, 2010 meeting, the Council scheduled the Grand Opening Ceremony for the Skate Park for Friday, September 24, 2010. Staff has since been informed that installation of all the equipment would not be completed by that time. The Parks, Recreation and Open Space Commission recommended Council reschedule the Grand Opening Ceremony for the Skate Park to Friday, October 1, 2010 from 5-6:30pm. Food and beverages will be provided as well as skate demonstrations by local skaters will be coordinated. Residents living near the skate park and the Hugo Lions Club will be invited to this community event that will be advertised and open to the public.