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December 8, 2020 Page 7 of 10 <br />Motion by Councilmember Allen, seconded by Councilmember Jacobsen to adopt a Resolution <br />approving the Final 2021 Property Tax Levy. <br /> <br />A roll call vote was taken. <br /> <br />4 Ayes, 1 Nay (Councilmember Dunsworth)-Motion Carried <br /> <br />2. Consider Resolution Adopting the Final 2021 Budgets and 2021-2029 CIP. <br /> <br />City Manager Massopust indicated Financial Consultant Davitt would be presenting this item to the Council. <br />Financial Consultant Davitt stated the City’s General Operating Fund Budget for 2021 is <br />$18,451,900, which represents an additional investment of $58,400 from the adopted 2020 <br />budget. The enterprise funds include Water, Sewer, Stormwater, and Street Lighting. The <br />internal service funds include Risk Management, Information Technology, Fleet Replacement, <br />Non-Fleet Replacement, and Pavement Management. The total for the City’s enterprise and <br />internal service funds’ 2021 budgets is $14,369,100. The total for the 2021-2030 CIP is <br />$89,274,700. <br /> <br />Motion by Councilmember Jacobsen, seconded by Councilmember Dunsworth to adopt a Resolution <br />Adopting the Final 2021 Budgets and 2021-2030 Capital Improvements Plan (CIP). <br /> <br />A roll call vote was taken. <br /> <br />5 Ayes, 0 Nays-Motion Carried <br /> <br />3. Consider Resolution Adopting the Final Tax Levy for Lake Diane and Bicentennial Pond <br />Storm Sewer Improvement Taxing Districts. <br /> <br />City Manager Massopust indicated Financial Consultant Davitt would be presenting this item to the Council. <br />Financial Consultant Davitt stated the City has established Storm Sewer Improvement Taxing <br />Districts within the City for Lake Diane and Bicentennial Pond. A Storm Sewer Improvement <br />Taxing District is an area within the territorial limits of a municipality. The municipality may <br />acquire, construct, maintain, and otherwise improve storm sewer systems and related facilities <br />within the district for the benefit of the district. The Public Works Department works with the <br />residents of each district to determine specific projects and courses of action. The costs <br />involved are recovered by levying tax on all taxable properties within the district. The City has <br />adopted similar tax levies for both districts for several years. <br /> <br />Motion by Councilmember Jacobsen, seconded by Councilmember Allen to adopt a Resolution <br />approving the Final Tax Levies for Taxes Payable in 2021 for Lake Diane and Bicentennial <br />Pond Storm Sewer Improvement Taxing Districts. <br /> <br />A roll call vote was taken. <br /> <br />5 Ayes, 0 Nays-Motion Carried <br /> <br />4. Consider Resolution Establishing the Utility Rates and Charges for 2021. <br /> <br />Motion by Councilmember Allen, seconded by Councilmember Dunsworth to adopt a Resolution <br />Establishing the 2021 Utility Rates and Charges. <br /> <br />City Manager Massopust indicated Financial Consultant Davitt and Community Assets and Development <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />2. Consider Resolution <br />Adopting the Final 2021 <br />Budgets and 2021-2029 <br />CIP. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />3. Consider Resolution <br />Adopting the Final Tax <br />Levy for Lake Diane and <br />Bicentennial Pond Storm <br />Sewer Improvement <br />Taxing Districts. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />4. Consider Resolution <br />Establishing the Utility <br />Rates and Charges for <br />2021. <br /> <br /> <br /> <br />