HomeMy WebLinkAbout91-161 - ADMIN Resolution - City Council - 1991/08/26RESOLUTION NO.
91-161
RESOLUTION APPROVING PRELIMINARY 1991 TAX LEVY, COLLECTIBLE IN 1992
WHEREAS, The City of St. Louis Park is annually required by Charter and State law
to approve a resolution setting forth an annual tax levy to the Hennepin County
Auditor: and
WHEREAS, Minnesota statutes currently in force requires certification of a
proposed tax levy to the Hennepin County Auditor on or before September 1, 1991 and
WHEREAS, the details of the budget are contained'in a certain document, dated
August 8, 1991, submitted to this Council by the City Manager, as revised, and
BE IT RESOLVED, that the City Council reserves the right, to amend the 1992
proposed budget or the 1991 revised budget prior to final adoption in December, 1991
whether or not the purpose is specifically itemized in the budget document;
BE IT FURTHER RESOLVED, by the City Council of the City of St. Louis Park,
Hennepin County, Minnesota, that the following sums of money be levied in 1991,
collectible in 1992 upon the taxable property in said city of St. Louis Park for the
following purposes:
General Fund $9,538,392
Civil Defense Fund 48,153
Debt Service (G.O.Bonds) Fund 407,296
Municipal Building Fund 734,631
Park Improvement Fund 40.905
Total levy 10,769,377
BE IT'FURTHER RESOLVED, that provision has also been made fol. payment of the
City's share of Public Employees Retirement Association's contributions for the
ensuing years.
BE IT FURTHER RESOLVED, that there is a sufficient sum of monies in the Debt
Service Fund of the City, together with the -above Debt Service Fund tax levy, to pay
principal and interest in 1992 on all outstanding bond issues, and the deferred
annual tax -levies previously certified to the County Auditor are hereby canceled, and
replaced by above debt service tax levy.
BE IT FURTHER RESOLVED, that the City Clerk is hereby authorized and directed to
transmit a certified copy of this resolution to the County Auditor of Hennepin
County, Minnesota, and to the Local Government Aids/Analysis Division, Department of
Revenue, State of Minnesota, as required by law.
Att st:
zie?
City C1 k
Reviewed for administration:
tJ (4iXdL-
City Manager
Adopted bye City Council
August 26, 1991
Mayo
Approved as to form and execution:
itAit PALL
City Attorney