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Res 2026-57 Res Approving 2026 Levy Collectible in 2027CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2026-57 RESOLUTION APPROVING PROPOSED 2026 LEVY COLLECTIBLE IN 2027 WHEREAS, the state law requires the City of Mendota Heights to certify a tentative tax levy for 2027 prior to September 30, 2026; and WHEREAS, the levy may be adjusted prior to December 28, 2026, 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 2027: 2027 Preliminary General Fund 11,811,939 Emergency Preparedness 25,000 Fire Relief 308,160 Legal & Contingency Levy 403000 Net General Tax Levy $12,185,099 Special Debt Levies Improvement Bonds 1,718,899 Tax Abatement Bonds 172,368 Fire Station Levy 624,540 Equipment Certificates 134.558 Net Levy Debt Service $2,650,365 Street Light District $60,500 Preliminary Levy Certified $14,895,964 BE IT FURTHER RESOLVED that the debt levies for Series 2015C and 2020A have been reduced because sufficient funds exist in the debt service fund for the payment of the debt service levy. 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 Monday, November 30, 2026 at 6:00 P.M. at a special 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. The City Council will consider the final budget and levy at their regular meeting on December 1, 2026. Adopted by the City Council of the City of Mendota Heights this 15th day of September, 2026. CITY COUNCIL CITY OF ME/NDOTA HEIGHTS Stephan' B. Levine, Mayor ATTEST Y44� ! QPLOL�- Na cy Batfer, Oity Clerk