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RESOLUTION 99- 66
<br />
<br />A RESOLUTION FOR THE CITY OF ELK RIVER
<br />
<br />A RESOLUTION AUTHORIZING THE 1999 PROPOSED PROPERTY TAX LEVY
<br /> FOR COLLECTION IN 2000
<br />
<br />WHEREAS, the Elk River City Council has review the City's anticipated
<br /> expenditures for all funds in 2000; and,
<br />
<br />WHEREAS, the Elk River City Council has considered projected revenues for
<br /> all funds in 2000; 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 />the following amounts are the maximum to be levied as property taxes
<br />payable in 2000:
<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 />2000 Certificate of Indebtedness
<br />1999 Certificate of Indebtedness
<br />1998 Certificate of Indebtedness
<br />1997 Certificate of Indebtedness
<br />1996 Certificate of Indebtedness
<br />TOTAL
<br />
<br />Gross Levy
<br />$ 3,809,355
<br /> 100,000
<br /> 66,650
<br /> 32 572
<br /> 145 900
<br /> 57 5OO
<br /> 28,926
<br /> 72891
<br /> 116073
<br /> 57 500
<br /> 40 000
<br /> 23 150
<br /> 25 283
<br /> 21 794
<br />
<br />HACA
<br />Reduction Net Levy
<br />$ 498,244 $3,311,111
<br />13,080 86,920
<br />8,717 57,933
<br />4,260 28,312
<br />18,965 126,035
<br />7,521 49,979
<br />3,783 25,143
<br />9,534 63,357
<br />15,182 100,891
<br />7,521 49,979
<br />2,851 37,149
<br />3,307 19,843
<br />3,028 22,255
<br />5,232 16,562
<br />
<br />$ 4,596,694 $ 601,225 $3,995,469
<br />
<br />Passed and adopted by the City Council of the City of Elk River this 13th ·
<br />day of September, 1999.
<br />
<br /> Steph~nie Klinzing,
<br />
<br />Sandra A. Peine, City Clerk
<br />
<br />
<br />
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