Laserfiche WebLink
Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #07-12-XXX <br />RESOLUTION ADOPTING THE 2007, PAYABLE 2008, MUNICIPAL TAX LEVY <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br />1) That- the following levies for assessed 2007, payable 2008, be levied upon the taxable <br />property in said City of Ramsey, Anoka County, State of Minnesota for the following <br />purposes: <br />GENERAL LEVY <br />Fund 101: General Fund -General Operations <br />Fiscal Disparity Transfer (as certified) $ 883,064 <br />Collected as Property Tax - EDA Levy 393,375 <br />Collected. as Property Tax -General Levy 6,727,274 $ 8,003,713 <br />DEBT SERVICE LEVY <br />CIP Bond 149,696 <br />Certificates of Indebtedness $ 409,354. <br />Lease Revenue Bonds 453,062 $1,012,112 <br />DRAINAGE DISTRICT LEVY <br />Mississippi River Storm Water Sub Drainage <br />District #1 $43,348 <br />TOTAL CERTIFIED LEVIES 9 059173 <br />2) That this final levy does not exceed the Proposed Levy adopted September 11, 2007. <br />3) That the City will not be levying the $354,372.38 related to the $4,225,000 GO Impr <br />Bond.. Per JPA Agreement with Anoka County, Anoka County is required to pay this <br />directly to City. The City will be reducing the levy amount relating to the $19,200,000 <br />Public Project Lease Revenue bond to $453,062 to reflect an internal funding transfer. <br />Whereas, the levy scheduled for 2008 pertaining to the capital equipment certificates <br />issued on 12/15/03 and 12/15/04 in the amounts of $172,200 and $77,542.50, <br />respectively, will not be levied but internally funded. <br />4) That the City Administrator/Clerk be directed to transmit a certified copy of this <br />resolution to the Anoka County Auditor's office on or before Thursday, December 28, <br />2007. <br />-140- <br />