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RESOLUTION NO. <br /> S <br /> City of New Brighton <br /> Ramsey County <br /> State of Minnesota <br /> Resolution Declaring the Maximum Tax Levy for 1998 <br /> Whereas,the City has completed work on the 1998 Budget including the Truth in Taxation <br /> Public Hearing; <br /> Whereas,the 1998 Budget requires the commitment of property taxes to help pay for services; <br /> Whereas,the tax need for general purposes and debt is $2,959,843 for 1998; <br /> Whereas, $2,165,643 of this need is subject to the levy limitation; <br /> Whereas,the tax need for the special Lake Diane taxing district totals $2,400 for 1998; <br /> Now, therefore be it resolved that the 1998 tax levy shall be: <br /> 11 1. General purposes $2,165,643 <br /> Bonded debt $459,000 <br /> Equipment certificates $335.200 <br /> TOTAL GENERAL LEVY $2,959,843 <br /> 2. The levy for the Lake Diane taxing district shall be $2,400. <br /> 3. The original levy for bonded debt shall be reduced to $459,000 because of the irrevocable <br /> pledge of other City resources as shown in Attachment A. <br /> Adopted this 18th day of December, 1997. <br /> Robert J. Benke,Mayor <br /> Matthew S. Fulton, City Manager <br /> ATTEST: <br /> • Margaret A. Egan <br /> Finance Director/City Clerk I/Shared/Council/Resol/981evy <br />