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<br /> i <br /> <br /> <br /> i <br /> I <br /> RESOLUTION NO <br /> ' 07-127 <br /> City of New Brighton <br /> County of Ramsey <br /> 3 <br /> State of Minnesota <br /> RESOLUTION APPROVING THE FINAL 2008 <br /> PROPERTY TAX LEVY <br /> E <br /> ereas, the 2008 Budget process has been completed; and <br /> 1 <br /> 1 Vhereas, key issues and financial strategies for the City's service levels and activities have <br /> Been established and incorporated into the 2008 Budget; and <br /> I~ <br /> ereas, the 2008 property tax levy is a significant financing source anticipated in the <br /> # 008 Budget, and <br /> <br /> ~Ihereas, the subsequent (levy adoption) hearing has been approved and certified as <br /> <br /> Tecember 11, 2007, and <br /> iI <br /> Whereas, the final property tax levy for taxes payable year 2008 must be adopted at the <br /> ubsequent hearing (levy adoption hearing), and <br /> I'Whereas, there will be no specific tax levies in 2008 for debt; debt service requirements <br /> or 2008 will be met with other financing sources. <br /> I <br /> Now, Therefore Be It Resolved that: <br /> <br /> . The Final 2008 Property Tax Levy of $7,248,200 is approved. <br /> <br /> . There will be no separate specific tax levies for debt in 2008. ! <br /> <br /> dopted this 11th day of December, 2007. <br /> i <br /> <br /> Steve Larson, Mayor <br /> <br /> <br /> <br /> Dean R. Lotter, Ci ager <br /> ~lftest:- <br /> <br /> <br /> arri4A. Maiers, Director of Finance <br />