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RESOLUTION 98- 102 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE 1998 PROPOSED PROPERTY TAX LEVY <br /> FOR COLLECTION IN 1999 <br /> <br />WHEREAS, the Elk River City Council has review the City's anticipated <br /> expenditures for all funds in 1999; and, <br /> <br />WHEREAS, the Elk River City Council has considered projected revenues for <br /> all funds in 1999; and, <br /> <br />WHEREAS, revenues from sources other than property taxes are not sufficient <br /> to meet anticipated expenditures of all funds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that <br /> <br />General Fund <br />Lake Orono <br />Library <br />Dam Loan <br />Development Fund <br />Surface Water Management <br />City Special Assessments <br />1989 Fire Equipment <br />1994 Storm Sewer Bonds <br />1995 Certificate of Indebtedness <br />1996 Certificate of Indebtedness <br />1997 Certificate of Indebtedness <br />1998 Certificate of Indebtedness <br />1999 Certificate of Indebtedness <br /> <br />TOTAL <br /> <br />the following amounts are the maximum to be levied as property taxes <br />payable in 1999: <br /> HACA <br /> Gross Lev)/ Reduction Net Lev)/ <br /> $ 3,489,800 $ 495,862 $2,993 938 <br /> <br />100 000 <br />62 500 <br />32 572 <br />135 000 <br />59 500 <br />17 868 <br />71 862 <br />114 225 <br />23 631 <br />22 857 <br />28 978 <br />31 500 <br />40 000 <br /> <br />14,209 85 <br />8,881 53 <br />4,628 27 <br />19,182 115 <br />8,454 51 <br />2,539 15 <br />10,211 61 <br />16,230 97 <br />3,358 20 <br />3,248 19 <br />4,117 24 <br />4,476 27 <br />5,684 34 <br /> <br />791 <br />619 <br />944 <br />818 <br />046 <br />329 <br />651 <br />995 <br />273 <br />609 <br />861 <br />O24 <br />316 <br /> <br />$ 4,230,293 $ 601,079 $3,629,214 <br /> <br />Passed and adopted by the City Council of the City of Elk River this 14th <br /> <br />day of: September, 1998. <br /> <br />'~Sahdra A.'~ei~e, City Clerk <br /> <br />/R&nry-~./'/Duitsman, Ma~,~r - - <br /> <br /> <br />