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MOTION BY:
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
RESOLUTION 96-66
RESOLUTION APPROVING THE LEVY OF A
TRANSIT TAX IN PRIOR LAKE
Kedrowski
SECOND BY:
Schenck
the City of Prior Lake is a city that is eligible for assistance under Minnesota
Statutes ~473.388; and
pursuant to Minnesota Statutes ~473.388, Subd. 7, in lieu of receiving
financial assistance from the Metropolitan Council to operate transit, the City
has the option, commencing in 1996 for taxes payable in 1997 and each year
thereafter, to levy a transit tax; and
in any year that the City exercises the option to levy the transit tax, it must
levy an amount sufficient to maintain the level of transit service ptovided in
the City in the previous year to a maximum of 88% of the transit tax revenues
for the transit levy year; and
the Commissioner of Revenue shall certify to the City by June 1 of each year
the maximum levy limitation under ~473.388, Subd. 7; and
the City must notify the Commissioner of Revenue and the Metropolitan
Council before July 1 of each year of its intent to levy the transit tax, which
notification must include the amount of the City's proposed transit tax.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
that the City of Prior Lake hereby elects to levy the transit tax for the tax year payable 1997 in
the amount of $301,171, the maximum levy limitation certified by the Commissioner of
Revenue.
Passed and adopted this 17th day of June, 1996.
{ Seal}
Andren
Greenfield
Kedrowski
Mader
Schenck
YES
X
Absent
X
X
X
NO
Andren
Greenfield
Kedrowski
Mader
Schenck
1/
City Manager J
City OfPri~
RES9666.DOC
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER