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Agenda - Council - 09/25/2018
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Agenda - Council - 09/25/2018
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3/17/2025 2:56:05 PM
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11/30/2018 9:32:18 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/25/2018
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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #18-194 <br />RESOLUTION APPROVING THE PROPOSED 2018, PAYABLE 2019 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 2018, payable 2019, 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 $ 1,484,000 <br />Collected as Property Tax EDA Levy 101,663 <br />Collected as Property Tax General Levy 8,563,646 <br />DEBT SERVICE LEVY <br />CIP Bond — Municipal Center 1,136,613 <br />CIP Bond — Fire Station #2 205,678 <br />2013 Equipment Certificates 77,267 <br />2015 GO Road Improvement Bonds 57,124 <br />2014 Equipment Certificates 100 ,853 <br />2016 GO Road Improvement Bonds 77,509 <br />2017 GO Road Improvement Bonds 46,597 <br />2018 GO Road Improvement Bonds 55,600 <br />$10,149,309 <br />1,757,241 <br />TOTAL PROPOSED LEVIES 11.906.550 <br />1) That the City of Ramsey will not be levying the $337,404 related to the $3,090,000 GO <br />Refunding Bond, Series 2011B, as per Joint Powers Agreement with Anoka County. <br />Anoka County is required to pay directly to the City, this debt service amount. <br />2) That the City of Ramsey will not be levying the total $1,193,443 (105% of debt service) <br />related to the GO Capital Improvement Plan Refunding Bonds for the Municipal Center. <br />The City will levy at 100% of debt service or $1,136,613. <br />
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