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HomeMy WebLinkAbout3F - Tax Levy Resolution 90-56 HERITAGE 1891 COMMUNITY 1991 18J.5f)~.1~ 20)1 RESOLUTION 90-56 A RESOLUTION CERTIFYING FINAL 1991 CITY OF PRIOR LAKE TAX LEVY TO SCOTT COUNTY AUDITOR MOTION BY: SECONDED BY WHEREAS, the City Council of the City of Prior Lake hereby adopts the 1991 Operating Budget following a period of comment and discussion during the course of public hearings held November 19th and December 3rd 1990; and WHEREAS, the total levy approved has been determined to be $2,623,315.00; 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 $2,018,150.00; and for $605,165.00 of the WHEREAS, The City of Prior Lake's levy limitation is authorized to be $2,018,151.00. 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 1n payable 1991: * For General City Purposes * 3,450,000.00 Bonds '86 (North Shore) * 225,000.00 Bonds '87 (Carriage Hill) * 390,000.00 Bonds '88 (North Shore Oaks) * 1,175,000.00 Bonds '89 (Downtown Project) ** Capital Park Bonds of '73 & '77 $ 2,326,395.00 140,000.00 31,000.00 11,000.00 73,000.00 41,920.00 $ 2,623,315.00 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 St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 Passed and adopted this 17th day of December, 1990. YES NO Andren Fitzgerald Larson Scott White Andren Fitzgerald Larson Scott White David J. Unmacht City Manager City of Prior Lake {Seal}