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Res 2013- 66 Approve Proposed Levy Collectible 2014CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2013- 66 RESOLUTION APPROVING PROPOSED 2013 LEVY COLLECTIBLE IN 2014 WHEREAS, the state law requires the City of Mendota Heights to certify a tentative tax levy for 2014 prior to September 16, 2013; and WHEREAS, the levy may be adjusted prior to December 30, 2013, 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 2014: 2014 Preliminary General Fund 5,454,959 Emergency Preparedness 25,000 Fire Relief 68,000 Infrastructure Reserve 20,000 Equipment Reserve 20,000 Legal & Contingency Levy 40,000 Net General Tax Levy $5,627,959 Special Debt Levies Improvement Bonds 621,689 Equipment Certificates 56,364 Net Levy Debt Service $ 678,053 Market Value Referendum Levy $ 264,737 Street Light District $ 33,000 Preliminary Levy Certified $6,603,749 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, 2013 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 3rd day of September, 2013. CITY COUNCIL CITY OF MENDOTA HEIGHTS andra Krebstbac ayor " yor ATTEST r Lorri Smith, City Clerk