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Res 2016- 71 Proposed 2016 Levy Collect 2017CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2016- 71 RESOLUTION APPROVING PROPOSED 2016 LEVY COLLECTIBLE IN 2017 WHEREAS, the state law requires the City of Mendota Heights to certify a tentative tax levy for 2017 prior to September 30, 2016; and WHEREAS, the levy may be adjusted prior to December 28, 2016, 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 2017: General Fund Emergency Preparedness Fire Relief Infrastructure/Facility Reserve Equipment Reserve Legal & Contingency Levy Net General Tax Levy Special Debt Levies Improvement Bonds Equipment Certificates Net Levy Debt Service Market Value Referendum Levy Street Light District 2017 Preliminary 6,481,624 25,000 126,000 20,000 92,800 40,000 $6,785,424 861,795 76,151 $ 937,946 $ 246,960 $ 20,000 Preliminary Levy Certified $7,990,330 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 6, 2016 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 20th day of September, 2016. CITY COUNCIL CITY OF MENDOTA HEIGHTS ATTEST Lorri mith, City Clerk andra Kre • - • ach, Mayor Res 2016-71 Page 2 of 2