HomeMy WebLinkAboutResolution - 2000-150 - Adopting the City's Proposed 2001 Local Transit Services Tax Levy and Setting the Date(S) for the "Truth-In-Taxation" Hearings - 09/05/2000 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,MINNESOTA
RESOLUTION NO.2000-150
A RESOLUTION ADOPTING THE CITY'S PROPOSED 2001 LOCAL TRANSIT SERVICES TAX
LEVY AND SETTING THE DATE(S)FOR THE"TRUTH-IN-TAXATION"HEARINGS
WHEREAS,the City Council of the City of Eden Prairie has declared their intent to exercise the local
transit tax levy option for taxes payable in 2001 in the maximum amount permitted by the Local Levy Option Act.
NOW,THEREFORE,BE IT RESOLVED,that the City Council:
1. Establishes the following proposed taxes on real and personal property within the City of Eden Prairie for Local
Transit Service in 2001:
NET LEVY $2,595,187*
* The NET LEVY excludes $454,900 in Homestead and Agriculture Credit Aid (HACA), and$127,838 in
distribution from the Metropolitan Tax-Base Sharing Pool(Fiscal Disparities).
The proposed total net levy may not be exceeded when the City Council sets the final tax levy for 2001.
2. Sets the following dates for the"Truth-in-Taxation"public hearings on the proposed 2001 tax levy and budget:
Public Hearing: Monday,December 4,2000
7:00 PM,Council Chambers
Eden Prairie City Center
8080 Mitchell Road
Reconvened Public Hearing: Tuesday,December 19,2000
6:00 PM,Council Chambers
Eden Prairie City Center
8080 Mitchell Road
If the public hearing is completed and closed on December 6,the Council will consider action on the 2001 tax
levy and budget at its regularly-scheduled meeting December 19,2000.
3. Accepts the 2001 proposed net levy of$2,595,187 at this
ADOPTED by the City Council on September 5,200 .
J an L.Harris, or
ATTEST:
Ka een Porta, City Clerk