2015.01.12 CC Packet Combined - Laserfiche WebLink

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December 8, 2015 Page 7 of l l course. The enterprise funds include: Water Sewer Stormwater, and Street Lighting. The internal service funds include: Risk Management, Information Technology, Fleet Replacement, Non -Fleet Replacement, and Pavement Management. The total for the City's special revenue, enterprise and internal service funds' 2016 budgets is $12,034,300. Staff recommended approval of the final 2016 budgets. Motion by Councilmember Burg, seconded by Councilmember Strub to waive the reading and adopt a Resolution approving the Final 2016 Budgets. 4 Ayes, I Nay (Bauman opposed) -Motion Carried 3. Consideration of Resolution Adopting the Final 2016 Tax Levy for Lake Diane Storm Sewer Taxing District. City Manager Lotter indicated Community Assets & Development Director Schlichting would be presenting this item to the Council. Community Assets & Development Director Schlichting reported the City has established a Storm Sewer Improvement Taxing District within the City for Lake Diane. A Storm Sewer Improvement Taxing District is an area within the territorial limits of a municipality. The municipality may acquire, construct, maintain, and otherwise improve storm sewer systems and related facilities within the district for the benefit of the district. The costs involved may be recovered by levying tax on all taxable properties within the district. The City adopted a preliminary 2016 tax levy for the Storm Sewer Improvement Taxing District on September 8, 2015, for $3,750. A separate tax levy for Lake Diane has been levied for a number of years in the past. Staff recommended approval of the final tax levy for taxes payable in 2016 for the Lake Diane Storm Sewer Improvement taxing district. Mayor Jacobsen suggested. Motion by Councilmember Burg, seconded by Councilmember Strub to adopt a Resolution Approving the Final Tax Levy for Taxes Payable in 2016 for the Lake Diane Storm Sewer Improvement Taxing District. 5 Ayes, 0 Nays -Motion Carried 4. Consideration of Resolution Adopting the Final 2016 Tax Levy for Bicentennial Pond Storm Sewer Taxing District. City Manager Lotter indicated Community Assets & Development Director Schlichting would be presenting this item to the Council. Community Assets & Development Director Schlichting explained the City has established a Storm Sewer Improvement Taxing District within the City for Bicentennial Pond. A Storm Sewer Improvement Taxing District is an area within the territorial limits of a municipality. The municipality may acquire, construct, maintain, and otherwise improve storm sewer systems and related facilities within the district for the benefit of the district. The costs involved may be recovered by levying tax on all taxable properties within the district. The City adopted a preliminary 2016 tax levy for the Storm Sewer Improvement Taxing District on September 8, 2015, for $2,100. This Storm Sewer Improvement Taxing District was re-established in May, 2012, consisting of nine properties. Separate tax levies for Bicentennial Pond have been levied in the past. Staff recommended approval of a final tax levy for taxes payable in 2016 for the Bicentennial Ponds Storm Sewer Improvement taxing district. Mayor Jacobsen suggested 3. Consideration of Resohation Adopting the Find 2016 Tax Levy for Lake Diane Storm Sewer Taxing District. 4. Consideration of Resolution Adopting the Final 2016 Tax Levy for Bicentennial Pond Storm Sewer Taxing District.