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RESOLUTION NO. <br />10-085 <br />City of New Brighton <br />County of Ramsey <br />State of Minnesota <br />RESOLUTION APPROVING THE FINAL 2011 <br />PROPERTY TAX LEVY <br />Whereas, the 2011 Budget process has been completed; and <br />Whereas, key issues and financial strategies for the City's service levels and activities have <br />been established and incorporated into the 2011 Budget; and <br />Whereas, the 2011 property tax levy is a significant financing source anticipated in the <br />2011 Budget, and <br />Whereas, there will be no specific tax levies in 2011 for debt; debt service requirements <br />for 2011 will be met with other financing sources. <br />Now, Therefore Be It Resolved that: <br />1. The Final 2011 Property Tax Levy of $7,395,708 is approved. <br />2. There will be no separate specific tax levies for debt in 2011. <br />Adopted this 14th day of December, 2010. % <br />1 <br />Dave Jac sen, Mayor <br />Dean R. Lotter, <br />AWeest:` <br />rf DsnietA. Maiem, Director of Finance <br />