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Res 2004- 71 Approving Tentative 2004 Levy Collectible in 2005CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 04-71 RESOLUTION APPROVING TENTATIVE 2004 LEVY COLLECTIBLE IN 2006 WHEREAS, the State Tax Law requires the City of Mendota Heights to certify a tentative Tax Levy for the year 2004 prior to September 15, 2004; and WHEREAS, the Levy may be adjusted prior to December 28, 2004, to an amount not to exceed the adopted tentative levy. NOW THEREFORE BE IT RESOLVED that the City Council adopt the following tentative Levy for tax against all taxable property in the City of Mendota Heights for collection in the year 2005: 2006 Preliminary General Fund 3,570,510 Emergency Preparedness 5,000 Fire Relief 40,000 Infra Structure Reserve 50,000 Facility Reserve 50,000 Radio/Equip Reserve 135,000 Legal & Contingency Levy �6O 000 Net General Tax Levy $3,910,510 Special Debt Levies PERA Increase $5,292 Equipment Certificates Park Bonds 300,000 Fr. Hills, Curley, Tillsen Highland Heights, Bunker Hills and Freeway Road Bonds 131,500 Net Levy Debt Service $ 436,792 Net Tent. Levy Certified $4,347,302 BE IT FURTHER RESOLVED that the Levy shall be amended following budget hearings to reflect the adopted City Budget. BE IT FURTHER RESOLVED that the City Council hold a Truth in Taxation hearing tentatively set for Monday, December 6, 2004 at 7:30 o'clock P.M. for the purpose of considering the proposed budget and levy. The public is invited to attend the meeting. Adopted by the City Council of the City of Mendota Heights this 7th day of September, 2004. CITY COUNCIL CITY OF MENDOTA HEIGHTS JohWubj�/ Ma or ATTEST: Kableen M. Swanson City Clerk