HomeMy WebLinkAboutResolution - 89-172 - Set Preliminary 1990 Tax Levy and Forward to County Auditor - 08/01/1989 RESOLUTION NO. 89-172
A RESOLUTION CERTIFYING THE INITIAL PROPOSED 1990 PROPERTY TAX
LEVY BY THE CITY OF EDEN PRAIRIE
WHEREAS, the Minnnesota Legislature enacted a law in 1988 which
specified a "truth-in-taxation" process to be followed by cities for the
purpose of establishing property tax levies for the next fiscal year; and
WHEREAS, the statute requires that the City Council certify an initial
proposed property tax levy by August 1; and
WHEREAS, the City of Eden Prairie has undertaken preparation of its
1990 Budget and identified the need to levy property taxes; and
WHEREAS, statutory levy limits contain conditions and formulae to
determine the maximum amount of dollars which may be levied for property
tax collections,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Eden
Prairie that it certify an initial proposed 1990 property tax levy of
$12,680,000, an amount equal to the City' s property tax levy limit,
AND FURTHER, that -this figure be transmitted to the Hennepin County
Auditor.
ADOPTED by the City Council August 1 , 1989.
Mayor Gary D. 'Peter- on
ATTEST:
Jo n D. F ne
Uty Clerk