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HomeMy WebLinkAboutResolution - 2001-108 - Local Transit Levy Option for Taxes in 2002 - 06/19/2001 CITY OF EDEN PRAIRIE HENNEPIN COUNTY,NIINNESOTA RESOLUTION NO.2001-108 DECLARING INTENT TO EXERCISE LOCAL TRANSIT LEVY OPTION FOR TAXES IN 2002 WHEREAS, Laws of Minnesota for 1996, Chapter 455, Section 4(the"Local Levy Option Act"), allows the Cities of Eden Prairie, Chanhassen, and Chaska,to make a local transit tax levy in lieu of receiving assistance from the Metropolitan Council under Minnesota Statutes, Section 473.388, subdivision 4; and, WHEREAS, said local transit levy will replace a similar transit tax levy which would otherwise be made by the Metropolitan Council; and, WHEREAS, in order to effectively exercise the local transit tax levy option, it is necessary that each of the Cities of Eden Prairie, Chanhassen, and Chaska,notify the State Commissioner of Revenue and the Metropolitan Council of its intent to levy the taxes before July 1 of each levy year and to include in the notification the amount of the City's proposed transit tax for the levy year; and, WHEREAS,it is in the best interest of the City of Eden Prairie that it declare its intent to exercise the local transit levy option for taxes payable in 2002. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Eden Prairie as follows: 1. The City hereby declares its intent to exercise the local transit tax levy option for taxes payable in 2002 as permitted by Local Levy Option Act and as certified by the State Commissioner of Revenue in accordance therewith. 2. The City Administrator/Manager is authorized and directed to give the State Commissioner of Revenue and the Metropolitan Council notice of the City's intent to exercise the local transit tax option for taxes payable in 2002 in accordance with the notice, attached hereto as Exhibit A and incorporated herein by reference. ADOPTED by the City Council of the City of EdenieanL. ' ' his 19�'day of June, 2001. Hams,Mayor ATTEST: thleen A.Porta, City Clerk EXHIBIT A NOTICE OF INTENT TO EXERCISE LOCAL TRANSIT TAX LEVY OPTION FOR TAXES PAYABLE IN 2002 The State Commissioner of Revenue and the Metropolitan Council are hereby notified that the City of Eden Prairie,Minnesota, intends to exercise the local transit tax levy option for taxes levied in 2001 and payable in 2002 pursuant to Laws of Minnesota for 1996, Chapter 455, Section 4. The proposed amount of the City's transit tax for the 2002 levy year is $4,065,556 i.e. the maximum amount certified by the State Commissioner of Revenue in accordance with Laws of Minnesota for 1996, Chapter 455, Section 4, for taxes levied by the City in 2001 and payable in 2002. By order of the City Council of the City of Eden Prairie.