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HomeMy WebLinkAbout91-26 HERITAGE 1891 COMMUNITY 1991 WJ$)K 2@t RESOLUTION 91-26 RESOLUTION IN SUPPORT OF THE SCOTT COUNTY BOARD ADOPTING A RESOLUTION ON LOCAL OPTION SALES TAX MOTIONED BY FITZGERALD SECONDED BY WHITE WHEREAS, the 1991 Legislature established a one-half cent optional sales tax which may be adopted by cities within counties to augment local government property tax relief, and WHEREAS, if counties fail to adopt the optional Sales sales tax for that county will remain at 6% count~'s 1.5% share of the revenue stream distrl.buted to other cities and counties thus an inequitable aid distribution; and WHEREAS, counties and cities within counties failing to adopt the Optional Sales Tax stand to lose all of their local government aid and homestead and agricultural aid; and Tax, the and the will be creating WHEREAS, in Prior Lake the aid loss is estimated to be $749,010.00 or 22% of our 1991 general fund budget; and WHEREAS, this aid can only be made up through services or large property tax rate twenty-four and one-half percent; and WHEREAS, the City of Prior Lake does not appreciate the Legislature placing this requirement upon the City; and a reduction increases up in to WHEREAS, the City of Prior Lake has examined the facts and is compelled to act on this legislative mandate. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF PRIOR LAKE, MINNESOTA, that the City of Prior Lake does hereby support the Scott County Board in adopting the Local Option Sales Tax effective January 1, 1992. BE IT FURTHER BE RESOLVED, that this Resolution be forwarded to the Scott County Board for their consideration. 4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 Passed and adopted this 17 th day of June {Seal} Andren Fitzgerald Larson Scott White , 1991. YES NO x X- X- X- X- Andren Fitzgerald Larson Scott White T