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HomeMy WebLinkAbout91-41 HERITAGE 1891 COMMUNITY 1991 WJ:xJK 2Q91 RESOLUTION 91-41 A RESOLUTION CERTIFYING FINAL 1992 CITY OF PRIOR LAKE TAX LEVY TO SCOTT COUNTY AUDITOR MOTION BY: WHITE SECONDED BY SCOTT WHEREAS, the City Council of the City of Prior Lake hereby adopts the 1992 Operating Budget following a period of comment and discussion during the course of a public hearing held November 18th, 1991; and WHEREAS, the total levy approved has been determined to be $2,830,080.00; and WHEREAS, special levies account aforementioned levy; and WHEREAS, the City of Prior Lake's operating budget tax levy subject to the levy limitation is hereby equivalent to $2,137,290.00; and for $692,790.00 of the WHEREAS, The City of Prior Lake's levy limitation is authorized to be $2,137,291.00. NOW, THEREFORE BE IT RESOLVED, by the Mayor and City Council that the following sums of money be raised by tax u~on the taxable property in said City for the following purposes l.n payable 1992: * For General City Purposes * 3,450,000.00 Bonds '86 (North Shore) * 225,000.00 Bonds '87 (Carriage Hill) * 1,500,000.00 Bonds '87 (Water Tower) * 390,000.00 Bonds '88 (North Shore Oaks) * 1,175,000.00 Bonds '89 (Downtown Project) ** Capital Park Bonds of '73 & '77 $ 2,471,380.00 100,000.00 32,000.00 100,000.00 11,000.00 75,000.00 40,700.00 $ 2,830,080.00 Note: Single starred funds shall be spread over the entire consolidated City of Prior Lake. Note: Double starred funds shall be spread over the consolidated City except for the former Savage portion subject to annexation. Note: All other bond issues have sufficient fund balances to cover debt requirements. 4629 Dakota 51. 5.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 Passed and adopted this 2nd day of December, 1991. YES NO Andren Fitzgerald Larson Scott White x abSent absent X -X Andren Fitzgerald Larson Scott White {Seal}