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HomeMy WebLinkAbout2011.09.06 RESO 2011-27RESOLUTION 2011 - 27 RESOLUTION APPROVING PRELIMINARY TAX LEVY PAYABLE IN 2012 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA, that the following sums of money be levied for the current year, payable in 2012, upon the taxable property in the City of Hugo, and certified to Washington County for collection: General Operating Capital Improvements Capital Equipment Purchases Sealcoating Park Improvements Total General Levy Tax Abatement (CSAR 8) Tax Abatement (Parkland Acquisition & Improvements) Total Tax Abatement Levy PW Facility Bonds of 2004 (General Obligations) Improvements Bonds of 2009 (General Obligations) Capital Improvement Bonds of 2010 (General Obligations) Improvement Bonds of 2011 (General Obligations) Total Debt Service Levy Total Certified Tax Levy $ 125,812 $ 192,819 $ 318,631 $ Certified Tax Levy 'Lim N $ 3,838,158 $ 131,093 $ 35,000 $ 64,909 $ 41,268 $ 4,110,428 $ 125,812 $ 192,819 $ 318,631 $ 131,861 $ 91,285 $ 246,645 $ 60,733 $ 530,524 $ 4,959,583 BE IT FURTHER RESOLVED that the final budget and tax levy hearing be scheduled for December 5, 2011 at 7:00 pm at City Hall, 14669 Fitzgerald Avenue North, and that the public is invited to speak at this hearing prior to the adoption of the final budget and tax levy. Upon roll call, the following members voting AYE: Upon roll call, the following members voting NAY: Whereupon said resolution was declared passed and adopted this 6th day of September, 2011. Fran hron, Mayor ATTEST: Mich le Lindau, City Clerk