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MOTION BY:
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
SOLUTION APPROVING AND CERTIFYING THE LEVY OF
THE TRANSIT TAX PAYABLE IN 1998
Kedrowski
SECOND BY:
Schenck
the City of Prior Lake is a city that is eligible for assistance under Minnesota
Statutes 9473.388; and
pursuant to Minnesota Statutes 9473.388, 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 provided 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 9473.388, 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 ofthe 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 1998 in
the amount of$301,171.
Passed and adopted this 16th day of June, 1997.
{Seal}
YES
NO
Andren
(Vacant)
Kedrowski
Mader
Schenck
Andren
(Vacant)
Kedrowski
Mader
Schenck
x
x
absent
x
162<ffls~ggfe Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER