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Res 2010- 74 Approve Proposed 2010 LevyCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 10- 74 RESOLUTION APPROVING PROPOSED 2010 LEVY COLLECTIBLE IN 2011 WHEREAS, the state law requires the City of Mendota Heights to certify a tentative tax levy for 2011 prior to September 15, 2010; and WHEREAS, the levy may be adjusted prior to December 28, 2010, 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 2011: General Fund Emergency Preparedness Fire Relief Infra Structure Reserve Equipment Reserve Legal & Contingency Levy Net General Tax Levy Special Debt Levies Park Bonds Improvement Bonds Equipment Certificates Special Levy — Lost Aid Net Levy Debt Service Market Value Referendum Levy Street Light District 2011 Preliminary 4,975,934 25,000 59,800 25,000 20,000 40,000 $5,145,734 66,250 509,139 53,634 112,756 $ 741,779 $ 264,107 $ 50,000 Preliminary Levy Certified $6,201,620 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 7, 2010 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 seventh day of September, 2010. CITY COUNCIL CITY OF MENDOTA HEIGHTS ) ATTEST: Nancy J. auer Acting City Clerk