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RESOLUTION 2010 - 43 <br />RESOLUTION APPROVING PRELIMINARY TAX LEVY PAYABLE IN 2011 <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, <br />WASHINGTON COUNTY, MINNESOTA, that the following sums of money be levied <br />for the current year, payable in 2011, upon the taxable property in the City of Hugo, <br />and certified to Washington County for collection: <br />General Operating <br />Capital Improvements <br />Capital Equipment Purchases <br />Park Improvements <br />Total General Levy <br />Tax Abatement (CSAH 8) <br />Tax Abatement (Parkland Acquisition & Improvements) <br />Total Tax Abatement Levy <br />PW Facility Bonds of 2004 (General Obligations) <br />Improvements Bonds of 2009 (General Obligations) <br />Capital Improvement Bonds of 2010 (General Obligations) <br />Total Debt Service Levy <br />Total Certified Tax Levy <br />Certified Tax Levy <br />$ <br />3,646,864 <br />$ <br />256,735 <br />$ <br />35,000 <br />$ <br />39,337 <br />$ <br />3,977,936 <br />$ 246,264 <br />$ 197,380 <br />$ 443,644 <br />$ <br />132,392 <br />$ <br />92,814 <br />$ <br />245,805 <br />$ <br />471,011 <br />$ 4,892,591 <br />BE IT FURTHER RESOLVED that the Finance Director is authorized to adjust the General Operating <br />portion of the tax levy prior to certification to Washington County to ensure that the proposed urban tax <br />rate equals the payable 2010 urban tax rate. <br />BE IT FURTHER RESOLVED that the final budget and tax levy hearing be scheduled for <br />December 6, 2010 at 7:00 pm at City Hall, 14669 Fitzgerald Avenue North, and <br />that the public is invited to speak at this hearing prior to adoption of the final budget and tax levy. <br />Upon roll call, the following members voting AYE: Petryk, Weidt, Klein, Haas, Miron <br />Upon roll call, the following members voting NAY: None <br />Whereupon said resolution was declared passed and adopted this 7th day of September, 2010. <br />All 1111111111 <br />ATTEST: <br />Michele Lindau, City Clerk <br />