Loading...
HomeMy WebLinkAbout89-35 RESOLUTION 89-35 A RESOLUTION CERTIFYING FINAL 1990 CITY OF PRIOR LAKE TAX LEVY TO SCOTT COUNTY AUDITOR MOTION BY: LARSON SECONDED BY WHITE WHEREAS, the City Council of the City of Prior Lake hereby adopts the 1990 Operating Budget following a period of comment and discussion during the course of public hearings held November 20th, December 4th, and December 18th 1989; and WHEREAS, the total levy approved has been determined to be $2,511,025.00; and WHEREAS, special levies account aforementioned levy; and for $620,895.00 of the WHEREAS, the City of Prior Lake's operating budget tax levy subject to the levy limitation is hereby equivalent to $1,890,130.00; and WHEREAS, The City of Prior Lake's levy limitation is authorized to be $1,917,919.00. NOW, THEREFORE BE IT RESOLVED, by the Mayor and City Council that the following sums of money be raised by tax upon the taxable property in said City for the following purposes in payable 1990: * 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 $ 2,162,270.00 200,000.00 30,000.00 10,000.00 71,000.00 37,755.00 $ 2,511,025.00 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 18th day of December, 1989. YES NO Andren Fitzgerald Larson Scott White x X X- }{ X Andren Fitzgerald Larson Scott White {Seal}