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Res 1997 - 50 Approving Tentative 1997 Levy Collectible in 1998CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 97- 50 RESOLUTION APPROVING TENTATIVE 1997 LEVY COLLECTIBLE IN 1998 WHEREAS, the 1997 State Tax Law requires the City of Mendota Heights to certify a tentative Tax Levy for the 1998 prior to September 15, 1997; and WHEREAS, the Levy may be adjusted prior to December 27, 1997, to an amount not to exceed the adopted tentative Levy. NOW THEREFORE BE /T RESOLVED that the City Council adopted the following tentative Levy for tax against all taxable property in the City of Mendota Heights for collection in the year 1998: General Fund Emergency Preparedness Fire Relief Infra Structure Reserve Legal & Contingency Levy Total General Levy I��CI_[�I_�tit:l��_T_�f'� Net Levy General Special Debt Levies MWCC Equipment Certificates Park Bonds Improvement Bonds Fr. Hills St. Bonds Total Less HACA Aid Net Levy Debt Service Net Tentative Levy Certified 1998 52,525,080 1,000 26,000 45,000 60.000 52,657,080 $ 30,000 106,000 320,000 17,400 55.000 $ 528,400 $ 381,672 5 90.229 52,275,408 $ 438.171 $2,713,579 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 public hearing tentatively set for Tuesday, December 2, 1997 at 7:30 o'clock P.M. for the purpose of considering the proposed budget and levy with a second hearing to be held at 7:30 o'clock P.M. on Wednesday, December 16, 1997. Adopted by the City Council of the City of Mendota Heights this 2nd day of September, 1997. ATTEST: G�f 4��� athleen M. Swanson City Clerk � CITY COUNCIL Cl/����""'EN�T� EI HTS gy � �� Charles E. Mertensotto Mayor