HomeMy WebLinkAboutResolution - 98-164 - Certifying Proposed 1999 Local Transit Services Tax Levy and Setting Truth-In-Taxation Hearing Dates - 09/01/1998 RESOLUTION NO.98-164
CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,M '4NESOTA
A RESOLUTION ADOPTING THE CITY'S PROPOSED 1999 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 1999 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 1999:
NET LEVY $2,238,691
* The NET LEVY excludes $457,747 in Homestead and Agriculture Credit Aid (HACA), and $94,707 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 1999.
2. Sets the following dates for the"Truth-in-Taxation"public hearings on the proposed 1999 tax levy and budget:
Public Hearing: Monday, December 7, 1998,
7:30 PM,Council Chambers
Eden Prairie City Center
8080 Mitchell Road
Reconvened Public Hearing: Tuesday,December 15, 1998
6:30 PM,Council Chambers
Eden Prairie City Center
8080 Mitchell Road
If the public hearing is completed and closed on December 7,the Council will consider action on the 1999 tax levy
and budget at its regularly-scheduled meeting December 15, 1998.
3. Accepts the 1999 proposed net levy of$2,238,691 at this time.
ADOPTED by the City Council on September 1, 1998.
can L.Harris,Mayor
T T:
Donald R.Uram,City Clerk