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Res 2015- 72 Approve Proposed 2015 Levy Collectible 2016CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2015- 72 RESOLUTION APPROVING PROPOSED 2015 LEVY COLLECTIBLE IN 2016 WHEREAS, the state law requires the City of Mendota Heights to certify a tentative tax levy for 2016 prior to September 30, 2015; and WHEREAS, the levy may be adjusted prior to December 28, 2015, 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 2016: 2016 Preliminary General Fund Emergency Preparedness Fire Relief Infrastructure Reserve Equipment Reserve Legal & Contingency Levy Net General Tax Levy Special Debt Levies Improvement Bonds Equipment Certificates Equipment Certificates — Dump Truck Net Levy Debt Service Market Value Referendum Levy Street Light District 6,011,954 25,000 108,000 20,000 20,000 40,000 $6,224,954 828,509 53,765 24,000 $ 906,274 $ 265,367 $ 20,000 Preliminary Levy Certified $7,416,595 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 will hold a hearing Tuesday, December 1, 2015 at 7:00 P.M. at their regularly scheduled council meeting for the purpose of considering the proposed budget and levy. The public is invited to attend the meeting and speak to the final budget and levy. Adopted by the City Council of the City of Mendota Heights this 15th day of September, 2015. CITY COUNCIL CITY OF MENDOTA HEIGHTS andra Krebsbacli ayor ATTEST Lorri Smith, City Clerk