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<br />RESOLUTION NO <br />06-090 <br /> <br />City of New Brighton <br />County of Ramsey <br />State of Minnesota <br /> <br />Resolution Adopting the Proposed Tax Levy for Taxes Payable in 2001md Setting the <br />Dates for the Initial Truth in Taxation Hearing and Continuation Hearing <br /> <br />Whereas, the City has completed initial work on the 2007 Budget, and <br /> <br />Whereas, the preliminary budget requires a proposed tax levy of $7,136,700 for taxes <br />payable in 2007, and <br /> <br />Whereas, the City is required to certify a proposed 2007 levy to Ramsey County on or <br />before September 15, 2006, and <br /> <br />Whereas, the proposed tax levy is the maximum that will be levied for 2007; the final 2007 <br />tax levy adopted in December may remain at this level or be reduced, and <br /> <br />Whereas, there will be no specific tax levies in 2007 for debt; debt service requirements for <br />2007 will be met with other financing sources, and <br /> <br />Whereas, the City is required to set dates for its initial Truth in Taxation hearing and <br />Continuation hearing, if necessary. <br /> <br />Now Therefore Be It Resolved that: <br /> <br />1. The proposed levy for taxes payable in 2007 shall be $7,136,700. <br /> <br />2. There will be no separate specific tax levies for debt in 2007. <br /> <br />4. A Truth in Taxation hearing will be held Monday, December 4th, at 6:30 p.m., and a <br />continuation hearing, if necessary, will be held December 12th at 6:30 p.m. <br /> <br />Adopted this 11th day of September, 2006 <br /> <br />A TIEST: <br /> <br />~ GtAMlA- <br /> <br />Steve Larson, Mayor <br /> <br />-,_.................. <br /> <br />)It#ul. tl.)fr.c~ <br /> <br />Daniel A:Maiers <br />DirectorofFinarn:.e and <br />Support Services/City Clerk <br /> <br /> <br />III, <br />I' <br />