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Res 2019- 66 Approve Proposed 2019 LevyCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2019-66 RESOLUTION APPROVING PROPOSED 2019 LEVY COLLECTIBLE IN 2020 WHEREAS, the state law requires the City of Mendota Heights to certify a tentative tax levy for 2020 prior to September 30, 2019; and WHEREAS, the levy may be adjusted prior to December 30, 2019, 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 2020: 2020 Preliminary General Fund 7,845,339 Emergency Preparedness 25,000 Fire Relief 180,000 Legal & Contingency Levy 40,000 Net General Tax Levy $8,090,339 Special Debt Levies Improvement Bonds 1,082,022 Fire Station Levy 623,543 Equipment Certificates 28,442 Net Levy Debt Service $1,734,007 Market Value Referendum Levy $244,440 Street Light District $53,000 Preliminary Levy Certified $10,121,786 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 3, 2019 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 17th day of September, 2019. CITY COUNCIL CITY OF MENDOTA HEIGHTS Neil Garlock, Mayor ATTEST �� .4 if Lorri Smith, City Clerk Res 2019-66 page 2 of 2