HomeMy Public PortalAbout2016-097 Resolution Approving 2017 Final Tax LevyMember Anderson introduced the following resolution and moved its adoption.
CITY OF MEDINA
RESOLUTION NO.2016-97
RESOLUTION APPROVING 2017 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 2017, upon the taxable
property in the City of Medina, for the following purposes: To raise $3,134,977 as adequate
revenue for the general fund operating budget, $539,501 as adequate revenue for debt service, and
$134,500 for capital equipment.
General Fund:
Debt Service:
$3,134,977
2010A G.O. Improvement Bonds $ 29,500
2011A G.O. Bonds $ 13,500
2011B Taxable G.O. Improvement Bonds $ 57,000
2012A G.O. Capital Improvement Plan Bonds $ 246,120
2013A G.O. Refunding Bond $ 132,069
2015A G.O. Improvement Bond (Tower Drive) $ 61,312
Capital Equipment $ 134,500
Total Levy:
$3,808,978
The City Clerk, Jodi M. Gallup, is hereby instructed to transmit a certified copy of this resolution to
the county auditor of Hennepin County, Minnesota.
Dated: December 6, 2016.
Bob Mitchell, Mayor
Att t:
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Jod' M. Gallup, City 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, Cousineau, Mitchell, Pederson
And the following voted against same: (Absent: Martin)
None
Whereupon said resolution was declared duly passed and adopted.
Resolution No. 2016-97
December 6, 2016