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HomeMy Public PortalAbout2014-086 Resolution Approving 2015 Final Tax LevyMember Anderson introduced the following resolution and moved its adoption. CITY OF MEDINA RESOLUTION NO.2014-86 RESOLUTION APPROVING 2015 FINAL TAX LEVY Be it resolved, by the city council of the City of Medina, County of Hennepin, Minnesota, that the following sums of money be levied for the current year, collectible in 2015, upon the taxable property in the City of Medina, for the following purposes: To raise $2,892,139 as adequate revenue for the general fund operating budget, $475,172 as adequate revenue for debt service, and $134,500 for capital equipment. General Fund: Debt Service: 2010A G.O. Improvement Bonds 2011A G.O. Bonds 2011B Taxable G.O. Improvement Bonds 2012A G.O. Capital Improvement Plan Bonds 2013A G.O. Refunding Bond Capital Equipment $2,892,139 $ 29,000 $ 12,500 $ 55,000 $ 246,267 $ 132,405 $ 134,500 Total Levy: $3,501,811 The City Administrator -Clerk, Scott T. Johnson, is hereby instructed to transmit a certified copy of this resolution to the county auditor of Hennepin County, Minnesota. Dated: December 2, 2014. .A1:4,6/2441(‘-.0„. Elizeih Weir, Mayor Attest: J Scott T. Johnson, ity Administrator - Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Pederson and upon vote being taken thereon, the following voted in favor thereof: Anderson, Martin, Martinson, Pederson, Weir And the following voted against same: None Resolution No. 2014-86 December 2, 2014 Whereupon said resolution was declared duly passed and adopted. Resolution No. 2014-86 December 2, 2014