HomeMy WebLinkAboutResolution - 97-166 - Certifying Proposed 1998 Local Transit Services Tax Levy and Setting Truth-In-Taxation Hearing Dates - 09/02/1997 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, NIINNESOTA
RESOLUTION NO. 97-166
A RESOLUTION ADOPTING THE CITY'S PROPOSED 1998 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 1998 in the maximum amount permitted by 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 1998:
NET LEVY $2,078,513*
*The NET LEVY excludes$454,978 in Homestead and Agricultural Credit Aid [HACA] and$91,333 in distribution
from the Metropolitan Tax-Base Sharing Pool [Fiscal Disparities].
The proposed Net Levy may not be exceeded when the City Council sets the final local transit service tax levy for 1998.
2) Sets the following dates for the "Truth-in-Taxation"public hearings on the proposed 1998 local transit service tax levy:
Public Hearing: Wednesday, December 10, 1997
7:30 PM, Council Chambers
Eden Prairie City Center
8080 Mitchell Road
Reconvened Public Hearing: Wednesday, December 17, 1997
7:30 PM, Council Chambers
Eden Prairie City Center
8080 Mitchell Road
If the public hearing is completed and closed on December 10, the Council will consider action on the 1998 final local
transit service tax levy at its regularly-scheduled meeting on December 16, 1997.
3) Accepts the 1998 proposed net levy of$2,078,513 at this time.
ADOPTED by the City Council on September 2, 1997.
Cr1W
jeanL. Harris, Mayor
ATTEST:
J D. Frane, City Clerk