Loading...
HomeMy WebLinkAbout99-87 RESOLUTION 99-87 RESOLUTION RELATING TO PROPOSED 2000 CITY OF PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY PROPERTY TAX LEVY MOTION BY: Schenck SECOND BY: Kedrowski WHEREAS, Truth in taxation provisions as specified by property tax legislation requires a proposed property tax levy certification to the Scott County Department of Taxation; and WHEREAS, Minnesota Statutes allow a property tax to be levied under EDA authority subject to City Council endorsement; and WHEREAS, The City Council hereby directs Scott County Department of Taxation to establish the EDA of Prior Lake as a separate taxing authority consistent with Minnesota Statutes; and WHEREAS, The maximum allowable EDA property tax levy for payable year 2000 has been determined to be $109,357.00; and WHEREAS, The Prior Lake Economic Development Authority, at its regularly scheduled EDA meeting of August 16, 1999, authorized a property tax levy in the amount of $76,000; and WHEREAS, The Prior Lake City Council acknowledges that the revitalization of the downtown business district is in the best interest of the community. NOW THEREFORE, BE IT RESOLVED, that the Prior Lake City Council will conduct a public hearing on the proposed EDA property tax levy, and subject to said public hearing, the City Council may thereafter approve the EDA certification of a levy to the Scott County Department of Taxation, and that the levy shall be distributed upon the taxable property in said City for the following purposes in payable 2000: * Purpose For Land Acquisition Purposes For Revolving Loan Fund Purpose Total... Amount $60,000.00 $16.000.00 $76,000.00 * 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER Passed and adopted this 7th day of September, 1999. YES NO Mader Mader X Kedrowski X Kedrowski Petersen X Petersen Schenck X Schenck Wuellner X Wuellner {Seal} City Manager City of Prior L RESOLUTION 99-01 RESOLUTION CERTIFYING PROPOSED 2000 CITY OF PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY PROPERTY TAX LEVY TO SCOTT COUNTY DEPARTMENT OF TAXATION MOTION BY: Kedrowski SECOND BY: Schenck WHEREAS, Truth in taxation provisions as specified QY property tax legislation requires a proposed property tax levy certification to the Scott County Department of Taxation; and WHEREAS, Minnesota Statutes allow a property tax to be levied under EDA authority subject to City Council approval; and WHEREAS, The EDA, subject to City Council approval, hereby directs Scott County Department of Taxation to establish the EDA of Prior Lake as a separate taxing authority consistent with Minnesota Statutes; and WHEREAS, The maximum allowable EDA property tax levy for payable year 2000 has been determined to be $109,357.00; and WHEREAS, The Prior Lake Economic Development Authority, at its regularly scheduled EDA meeting of August 16, 1999, authorized a property tax levy in the amount of $76,000; and WHEREAS, The Prior Lake EDA acknowledges that the revitalization of the downtown business district is in the best interest of the community. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the proposed EDA property tax levy is hereby approved by the EDA, and shall be distributed upon the taxable property in said City for the following purposes in payable 2000, subject to City Council approval: * Purpose For Land Acquisition Purposes For Revolving Loan Fund Purpose Total... Amount $60,000.00 $16.000.00 $76,000.00 * Passed and adopted this 16th day of August, 1999. YES NO Barsness X Barsness Kedrowski X Kedrowski Jader X Jader Underferth Absent Underferth nt Schenck X Schenck Executive Dir 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-17 AN EQUAL OPPORTUNITY EMPLOYER