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Res 1998 - 60 Approving Tentative 1998 Levy Collectible in 1999CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 98- 60 RESOLUTION APPROVING TENTATIVE 1998 LEVY COLLECTIBLE IN 1999 WHEREAS, the 1998 State Tax Law requires the City of Mendota Heights to certify a tentative Tax Levy for the year 1999 prior to September 15, 1998; and WHEREAS, the Levy may be adjusted prior to December 24, 1998, 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 1999: General Fund Emergency Preparedness Fire Relief Infra Structure Reserve Legal & Contingency Levy Total General Levy Less HACA and LPA Aids Net Levy General Special Debt Levies MWCC Equipment Certificates Park Bonds Fr. Hills, Curley, Tilsen Highland Heights and Bunker Hills St. Bonds Total Less HACA Aid 1999 $2,573,482 1,500 29,000 50,000 $ 60,000 $2,713,982 $ 367,691 $ 30,000 134,000 320,000 60,000 $ 544,000 $ 89,588 Net Levy Debt Service $ 454,412 Net Tentative Levy Certified $2,346,291 $2,800,703 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 Monday, December 7, 1998 at 7:30 p.m. for the purpose of considering the proposed budget and levy with a second hearing to be held at 7:30 p.m. on Tuesday, December 15, 1998. Adopted by the City Council of the City of Mendota Heights this 1st day of September, 1998. CITY COUNCIL CITY OF MENDOTA HEIGHTS By Charles E. Mertensotto Mayor ATTEST: athleen M. Swanson City Clerk