HomeMy WebLinkAboutResolution - 89-250 - Certify the Initial Proposed 1990 Property Tax Levy (Supersedes 89-172) - 11/21/1989 RESOLUTION NO. 89-250
A RESOLUTION CERTIFYING THE INITIAL PROPOSED TAX
LEVY BY THE CITY OF EDEN PRAIRIE
WHEREAS, the Minnesota 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 intial
proposed property tax levy by November 15;
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 formula 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
$12,723,330 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 November 14, 1989.
~� ayor Gary D. e. rsr&
ATTEST:
1
I
John D.Frary2
City Clerk