Minutes - Council - 09/11/2006 - Laserfiche WebLink

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Motion by Councilmember Strommen, seconded by Councilmember Elvig, to ratify the recommendation of the Finance Committee in Case No.3 and to adopt Resolution #06-09-286 approving the recommendation of the EDA and approve the Proposed EDA Levy for Payable 2007 in the amount of$393,375. Further discussion: Councilmember Elvig commented there has been a lot of action in the City by the EDA who has recommended this levy, and the redevelopment will go right back into the City's coffers. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Strommen, Elvig, Cook, Jeffrey, Olson, and Pearson. Voting No: None. 4) Adopt Resolution Approving Proposed 2007 HRA Levy Councilmember Strommen explained the HRA levy was not an action item, as it has already been acted on. The levy amount is $312,443. Finance Officer Lund explained the HRA levy was passed by the HRA on August 22, 2006, and does not need to be acted on again as the HRA is made up by the Council as a whole. This case has been presented as informational only because all of the levies are being brought forward tonight. Mayor Gamec asked if the tax statement includes the EDA and HRA levies as separate line items. Finance Officer Lund replied the EDA levy is blended in with the general levy and the HRA levy is under the miscellaneous category. 5) Adopt Resolution Approving Proposed 2007 Payable Tax Levy Finance Officer Lund indicated the resolution before the Council reflects a 2007 payable tax levy of $9,089,158. The levy would be set tonight with the understanding that it will be re-examined over the next couple of months. While the proposed levy can always be reduced, it cannot be increased. The proposed levy includes the EDA levy, the debt service levy for the municipal center, the debt service levy for Fire Station No.1, the Mississippi Sub-drainage District levy, and capital equipment certificates. Capital equipment certificates are for the purchase of items with a capital life longer than five years, such as squad cars, fire trucks, and plow trucks. Motion by Councilmember Pearson, seconded by Councilmember Jeffrey, to ratify the recommendation of the Finance Committee in Case No. 5 and to adopt Resolution #06-09-288 Approving the Proposed Maximum 2006, Payable 2007, Tax Levy. Further discussion: Councilmember Jeffrey noted the public hearing dates are being set with this resolution; the initial hearing will be scheduled for Monday, December 6, 2006 at 6:00 p.m. Councilmember Elvig stated he has questions regarding this levy that he would like to discuss with staff. He will be voting against this levy tonight. City Council / September 11, 2006 Page 12 of 15