HomeMy WebLinkAboutResolution - 91-258 - Approve 1992 Property Tax Levy and Budget - 11/19/1991 • CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 91-258
A RESOLUTION CERTIFYING THE 1991 TAB LEVY,
COLLECTIBLE IN 1992
AND ADOPTING THE 1992 GENERAL FUND BUDGET
BE IT RESOLVED BY THE CITY COUNCIL of the City of Eden Prairie,
County of Hennepin, Minnesota, that the following sums of money be
levied for the current year, collectible in 1992 upon the taxable
property in said City of Eden Prairie for the following purposes:
General Fund $10,527,400
Fire Relief 261,000
Transportation Improvements 301,000
Bonds and Interest
1977 Fire Bonds 80,000
1989 Park Bonds (Ref) 260,000
Transportation System Bonds 250,000
1989 City Services Bonds (Ref) 199,000
1986 Fire Bonds 219,000
Equipment Certificates $ 790,400
• $12 ,887,800
Funds have been provided for principal and interest payments on all
bond issues except as shown above and no other levies are required
(as shown on Exhibit 1) .
BE IT FURTHER RESOLVED that, with conclusion of the truth-in-
taxation hearing, the City Council approves the 1992 General Fund
budget.
The City Clerk is hereby instructed to transmit a certified copy of
this ,resolution to the County Auditor of Hennepin County,
Minnesota.
ADOPTED this 10th day of December 1991.
t QI %
r
DouglaEk B. Tenpas, Ayor
ATTEST:
aAL . -
• Frane, City Clerk
EXHTBTT I
�ITY OF EDEN PRAIRIE, MINNESOTA
OTICE OF ADJUSTMEN" TO REQUIRED DEBT LEVIES
LEVIED YEAR 1991, C?LLECTED YEAR 1992
Debt levy amounts previously certified may be adjusted to the amounts shown below
due to the availability of other repayment sources.
Required Actual
Date of Amount Levy Levy
Issue of Issue 1991/92 1991/92
OUTSTANDING BONDS WITH REQUIRED LEVY
G_0. Water and Sewer Bonds 04/25/72 $2,500,000 $138,800 $0
G.O. Water and Sewer 12/01/72 $2,500,000 $0 $0
G.O. Water and Sewer 07/01/73 $2,500,000 $165,900 $0
G.O. Water and Sewer 03/01/74 $2,500,000 $221,200 $0
G.O. Water and Sewer 10/01/76 $1,640,000 $80,100 $0
G.O. Bonds - Water & Sewer 09/20/77 $1,400,000 $123,600 $0
G.O. Bonds - Fire Equip 09/20/77 $998,000 $87,300 $80,000
G.O. Water & Sewer Refund Bonds 03/01/78 $6,150,000 $739,800 $0
Water and Sewer Bonds 12/01/78 $2,350,000 $209,600 $0
G.O. Water Revenue Bonds 12/01/83 $400,000 $62,100 $0
G.O. Building Series 1986 12/01/86 $2,300,000 $219,100 $219,000
G.O. Water Revenue Bonds - 12/01/86 $1,700,000 $155,300 $0
G.O. Water and Sewer 12/15/87 $5,000,000 $500,800 $0
G.O. Public Bu Bonds 1989A 04/01/89 $2,060,000 $227,661 $199,000
G.O. Rec Fac Ref Bonds 1989B 04/01/89 $2,770,000 $303,944 $260,000
G.O. Equip Cert of Ind 1989C 04/01/89 $1,200,000 $357,368 $357,368
G.O. Equip Certificates 1991A 09/01/91 $1,900,000 $462,342 $433,032
G.O. Improvement 1991B 09/01/91 $6,050,000 $0 $0
G.O. Improvement Refunding 1991D 10/01/91 $7,235,000 $75,911 $250,000
BONDS REFUNDED DURING 1991'
G.O. State Aid Rd Imprvmt Bonds 12/01/82 $2,300,000 $0 $0
G.O. Water and Sewer 05/01/80 $4,000,000 $0 $0
G.O. Improvement Bonds 05/01/80 $7,450,000 $0 $0
G.O. Improvement Bonds 03/01/82 $1,100,000 $0 $0
G.O. Improv Bonds of 1982 12/01/82 $6,200,000 $66,200 $0
G.O. Improvement Bonds 12/01/83 $2,200,000 $22,900 $0
OUTSTANDING BONDS WITH NO REQUIRED LEVY
G.O. Improvement Refunding Bonds 03/01/78 $5,090,000 $0 $0
G.O. Improvement Bonds 12/01/78 $425,000 $0 $0
G.O. Improvement Bonds 1988A 12/01/88 $9,800,000 $0 $0
G.O. Water and Sewer Ref _991C 09/01/91 $9,500,000 $t: $0
G.O. State Aid Rd Refunding 1991E 10/01/91 $420,000 $t: $0
G.O. Water and Sewer Rev kef 1991 10/01/91 $3,130,000 $t_ $0