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. Councilmember Pearson introduced the following resolution and moved for its adoption: RESOLUTION #06-12-388 RESOLUTION ADOPTING THE 2006, PAYABLE 2007, MUNICIPAL TAX LEVY NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: 1) That the following levies for assessed 2006, payable 2007, be levied upon the taxable property in said City of Ramsey, Anoka County, State of Minnesota for the following purposes: GENERAL LEVY Fund 101: General Fund - General Operations Fiscal Disparity Transfer (as certified) Collected as Property Tax - EDA Levy Collected as'Property Tax - General Levy $ 812,369 393,375 6,072.1 11 $ 7,277,855 . DEBT SERVICE LEVY CIP Bond Certificates of Indebtedness Lease Revenue Bonds 152,342 $ 613,023 481.761 $1,247,126 DRAINAGE DISTRICT LEVY Mississippi River Storm Water Sub Drainage District # 1 $43,348 TOTAL CERTIFIED LEVIES $ 8.568.329 2) That this final levy does not exceed the Proposed Levy adopted September 11, 2006. 3) That the City will not be levying the $353,742.38 related to the $4,225,000 GO Impr Bond. Per JPA Agreement with Anoka County, Anoka County is required to pay this directly to City. The City will be reducing the levy amount relating to the $19,200,000 Public Project Lease Revenue bond to $481,755 to reflect accrued interest held intrust. 4) That the City Administrator/Clerk be directed to transmit a certified copy of this resolution to the Anoka County Auditor's office on or before Thursday, December 28, 2006. That the motion for the adoption of the foregoing resolution was duly seconded by Councilmember Strommen and upon vote being taken thereon, the following voted in favor: . Mayor Gamec Councilmember Pearson -9-