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City Council Minutes <br />September 8, 2009 <br />Ms. Johnson presented the staff report. <br />Page 4 <br />The net tax capacity (NTC) amount received from Sherburne County on September <br />3 indicated the NTC decreased 3.39 percent, with the final NTC to be determined <br />later. <br />Council discussed the four options outlined in the staff report, choosing option <br />four, which was the 2010 levy to fund proposed budget less August adjustments <br />with the 2010 total tax levy at $11,112,391 and a general fund tax revenue amount <br />of $9,688,950. <br />Council directed the City administrator come back with suggested general fund <br />budget adjustments in the amount of $141,420. <br />MOVED BY COUNCILMEMBER ZERWAS AND SECONDED BY <br />COUNCILMEMBER GUMPHREY TO APPROVE RESOLUTION 09-45 <br />AUTHORIZING THE PROPOSED PROPERTY TAX LEVY FOR <br />COLLECTION IN 2010. MOTION CARRIED 5-0. <br />2) Resolution Approving the Housing and Redevelopment Authority 2010 Tax <br />Lev <br />MOVED BY COUNCILMEMBER ZERWAS AND SECONDED BY <br />COUNCILMEMBER MOTIN TO APPROVE RESOLUTION 09-46 <br />APPROVING THE HOUSING AND REDEVELOPMENT AUTHORITY <br />2010 TAX LEVY. MOTION CARRIED 5-0. <br />3) Resolution Approvingthe 2010 Tax Lew for Economic Development <br />Purposes for the Elk River Economic Development Authority <br />MOVED BY COUNCILMEMBER ZERWAS AND SECONDED BY <br />COUNCILMEMBER MOTIN TO ADOPT RESOLUTION 09-47 <br />APPROVING THE 2010 TAX LEVY FOR ECONOMIC DEVELOPMENT <br />PURPOSES FOR THE ELK RIVER ECONOMIC DEVELOPMENT <br />AUTHORITY. MOTION CARRIED 5-0. <br />4) Motion Calling for Budget Meeting with Public Comment <br />MOVED BY COUNCILMEMBER GUMPHREY AND SECONDED BY <br />COUNCILMEMBER WESTGAARD TO SET THE BUDGET MEETING <br />WITH PUBLIC COMMENT FOR MONDAY, DECEMBER 7, 2009 AT <br />6:30 P.M. MOTION CARRIED 5-0. <br />10. Adjournment <br />There being no further business, Mayor Klinzing adjourned the meeting of the Elk River <br />City Council at 8:05 p.m. <br />Minutes prepare~Jennif r Jo son. <br />c.//.~" ~--.,~ <br />/ r <br />Tina Allard, Ciry Clerk <br />Step anie Klinzing, r <br />• <br /> <br />• <br />