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Councilmember Wise introduced the following resolution and moved for its adoption: <br />RESOLUTION #11 -09 -160 <br />RESOLUTION APPROVING THE PROPOSED 2011, PAYABLE 2012, TAX LEVY AND <br />SCHEDULE BUDGET PUBLIC MEETING DATE <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 proposed levies for certified 2011, payable 2012, be levied upon the <br />taxable property in said City of Ramsey, Anoka County, State of Minnesota for the <br />following purposes: <br />GENERAL LEVY <br />Fund 101: General Fund - General Operations <br />Fiscal Disparity Transfer - as estimated $ 1,050,000 <br />Collected as Property Tax EDA Levy 169,853 <br />Collected as Property Tax General Levy 5,978,835 <br />DEBT SERVICE LEVY <br />Lease Revenue Bond (collected as property tax): <br />Municipal Center 910,215 <br />Certificates of Indebtedness 185,194 <br />CIP Bond — Fire Station #1 151,386 <br />$7,198,688 <br />1,246,795 <br />TOTAL PROPOSED LEVIES $ 8.445.483 <br />2) That the City of Ramsey will not be levying the $357,853.13 related to the $4,225,000 <br />GO Improvement Bond, Series 2005B, as per Joint Powers Agreement with Anoka <br />County. Anoka County is required to pay directly to the City, this debt service amount. <br />3) That the City of Ramsey will not be levying the total $1,513,215 related to the Project <br />Lease Revenue Bond for the Municipal Center. The City will levy $910,215 and fund the <br />remainder debt payment with funds encumbered from 2010. <br />3) That the City of Ramsey's 2011 Public Budget Meeting is scheduled for Tuesday, <br />December 13, 2011 at 7:00 p.m. <br />Resolution #11 -09 -160 <br />Page 1 of 2 <br />