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HomeMy WebLinkAboutResolution - 99-88 - Intent to Exercise the Local Transit Levy Option for Taxes Payable in 2000 - 06/15/1999 CITY OF EDEN PRAIRIE COUNTY OF HENNEPIN RESOLUTION NO. 99-88 DECLARING INTENT TO EXERCISE LOCAL TRANSIT LEVY OPTION FOR TAXES IN 2000 WHEREAS,Laws of Minnesota for 1996, Chapter 455, Section 4(the"Local Levy Option Act"), allows the Cities of Eden Prairie, Chanhassen, and Chaska,to make a local transit tax levy in lieu of receiving assistance from the Metropolitan Council under Minnesota Statutes, Section 473.388, subdivision 4; and, WHEREAS, said local transit levy will replace a similar transit tax levy which would otherwise be made by the Metropolitan Council; and, WHEREAS, in order to effectively exercise the local transit tax levy option,it is necessary that each of the Cities of Eden Prairie, Chanhassen, and Chaska,notify the State Commissioner of Revenue and the Metropolitan Council of its intent to levy the taxes before July 1 of each levy year and to include in the notification the amount of the City's proposed transit tax for the levy year; and, WHEREAS, it is in the best interest of the City of Eden Prairie that it declare its intent to exercise the local transit levy option for taxes payable in 2000. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Eden Prairie as follows: 1. The City hereby declares its intent to exercise the local transit tax levy option for taxes payable in 2000 as permitted by Local Levy Option Act and as certified by the State Commissioner of Revenue in accordance therewith. 2. The City Manager is authorized and directed to give the State Commissioner of Revenue and the Metropolitan Council of the City's intent to exercise the local transit tax option for taxes payable in 2000 in accordance with the notice attached hereto as Exhibit A and incorporated herein by reference. ADOPTED by the City Council of the City of Eden Prairie this 15th day of June, 1999. N y T -Luke ,Acti Iayor ATTEST: at een A.Porta, City Clerk