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Public Hearing ..~; :~ ;~ <br /> Mayor Gamec called the public heating to order at 7:10 p.m. <br /> Presentation ,~.~,~; ~'~' . <br /> <br /> tated that a rovision in the 1999 O~bus T~'Bill r~ires counties <br /> Finance Officer Lund s p . ,: ~ :;., ,,- <br /> cities ov~ 500 populations to hold a public heating ~d adopt:~tre~olutmn'~efore ale <br /> cmification t~ rate" in,ease may be allowed. (Mmesota St3~.~::,'275.0~:?~is public hemng <br /> is in addition to the Troth in Taxation public heating w~ck~I:i'~be held dfi December 4, 2000. <br /> ~e State law requires ~at an additional publicheafing ,U ;h' id in that ~ere is a t~';:7:~ <br /> rate increase ~om 2000 to 2001. In essence, the law ~eq~es cities to horaa pubhc heanng ~ <br /> pass a resolution indicating ~at the t~ rate is hig~F;'~it woul&.ff~een had the same <br /> dollars been ~evied as the previous year. Based on the ca~cui'd~3~ me'ti* ~:~amsey's net lew <br /> will increase from $2,166,420 to $2,929,720 or a 35 perce~[~:~e. By imposhg a <br /> ce~ification tax rate increae, the Council must adopt a resoi~fi~n~.~:~::;:;:.approv~g~ ~e t~ rate <br /> incre~e, and file a copy of ~e resolutmn w~th ~e CounW Au&tor:o~:~or,~efo~e October 20, <br /> 2000 ..... .7:~.~¢ ~,~..~ ~ <br /> <br /> Motion to by Councilmember Hendhks~,,econ~e~)~ Coun~ber Co~olty, to close ~e <br /> public heating. '~?~: ~¢¢~ - <br /> <br /> Motion c~ed. :.vafing¥~:~ Mayor G~ec'¢~finci}members Hendfiksen, Comolly, ~derson, <br /> ~d Zi~e~?'Voting No};N°ne. [~ <br /> <br /> ~e ubliCheadng'~ ::~ :~ closed at 7'~1? p.m. J'~'~ ~ <br /> <br /> ~5~ W~yBr Gmec c~led'thb~re~l~ CiW Council meeting back to order at 7:12 p.m. <br /> <br /> Motion by. Councflmemb~ ~derson, seconded by Councflmember Hendnkse , to adopt <br /> Resolution '~0~.10- ad~ng authorization of tax rate ~crease for the 2000 T~ Lew, <br /> collectible in ~b~l, affd 'ka~ofize staff to file a copy of ~e adopted resolution with the CounW <br /> Auditor.. ,:: -':-*;: ~ ,,, :~ <br />'~:;?'?.:;.Motion ca~ea}~oting Yes: Mayor Gmec, Councilmembers ~derson, Hend~sen, Co~olly, :~d zi~e~&n. Voting No: None. <br /> <br />1 <br />I' <br /> <br />-108- <br /> <br />City Council/October 10, 2000 <br /> Page 4 of 17 <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br /> <br />I <br />I' <br />I <br />I' <br /> <br /> <br />