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<br />,. <br /> <br />;;;,. <br /> <br />" <br /> <br />-:-~... <br /> <br />RESOLUTION NO. .!l1...087 <br /> <br />City of New Brighton <br />Ramsey County <br />State of Minnesota <br /> <br />Resolution Declaring the Maximum Tax Levy for 1998 <br /> <br />Whereas, the City has completed work on the 1998 Budget including the Truth in Taxation <br />Public Hearing; <br /> <br />Whereas, the 1998 Budget requires the commitment of property taxes to help pay for services; <br /> <br />Whereas, the tax need for general purposes and debt is $2,959,843 for 1998; <br /> <br />Whereas, $2,165,643 of this need is subject to the levy limitation; <br /> <br />Whereas, the tax need for the special Lake Diane taxing district totals $2,400 for 1998; <br /> <br />Now, therefore be it resolved that the 1998 tax levy shall be: <br /> <br />1. <br /> <br />General purposes <br />Bonded debt <br />Equipment certificates <br />TOTAL GENERAL LEVY <br /> <br />$2,165,643 <br />$459,000 <br />$335.200 <br />$2,959,843 <br /> <br />2. The levy for the Lake Diane taxing district shall be $2,400. <br /> <br />3. The original levy for bonded debt shall be reduced to $459,000 because ofthe irrevocable <br />pledge of other City resources as shown in Attachment A. <br /> <br />Adopted this 18th day of December, 1997. <br /> <br />~d <br />Robert 1. ke, Mayor <br /> <br />ATTEST: <br /> <br /> <br /> <br />Margaret A Egan <br />Finance Director/City Clerk <br /> <br />I/Shared/Council/Resol/98levy <br />