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Counciln~en~bcr Strommen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #05-09-314 <br /> <br />RI,;S¢)LUTION APPROVING THE PROPOSED 2005, PAYABLE 2006, TAX LEVY AND <br />SCHEDULE BUi)GET PUBLIC HEARING DATES <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEV, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br /> <br />That the Following proposed levies for certified 2005, payable 2006, be levied upon the <br />taxable property in said City of Ramsey, Anoka County, State of Minnesota for the <br />following purposes: <br /> <br />GENERAL LEVY <br />Fund 101: General Fund- General Operations <br /> Fiscal Disparity Transfer- as estimated <br /> Collected as Property Tax EDA Lew <br /> Collected as Property Tax General Levy <br /> <br />$ 600,000 <br /> 341,624 <br /> 5,711,701 <br /> <br />$6,653,325 <br /> <br />I)EISIT SERVICE LEVY <br />I,case Revenue Bond (collected as property tax): <br /> Municipal Center <br />Ccrtificates of Indebtedness <br />CIP Bond- Fire Station #1 <br /> <br />114,362 <br />424,109 <br />149,297 <br /> <br />687,768 <br /> <br />DRAINAGE DISTRICT LEVY <br />Mississippi River Stormwater Subdrainage District <br /> <br />43,348 <br /> <br />TOTAL PROPOSED LEVIES <br /> <br />$ 7,384,441 <br /> <br />'l'hat the City of Ramsey will not be levying the $285,836.88 related to the $4,225,000 <br />(~O hnprovement 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 /> <br />'lbat the l,cvy amount scheduled for 2006 on the EDA Public Project Lease Revenue Bond <br /> related to the Municipal Center, in the net amount of $749,361.56 (after capitalized <br /> interest £unds) will be further reduced by a City interfund transfer of $635,000 from the <br /> I,andfill Fund to bring the net levy to an amount orS114,361.56 <br /> <br /> <br />