HomeMy WebLinkAbout99-123 - ADMIN Resolution - City Council - 1999/11/011
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RESOLUTION NO. 99-123
RESOLUTION APPROVING 2000 BUDGET
AND SERVICE CHARGES FOR
SPECIAL SERVICE DISTRICT No. 1
WHEREAS, pursuant to Ordinance No 2067-96, the City Council created Special
Service District No 1 (the "Distnct") The specific properties located within the Distnct are
identified on Exhibit "A" attached hereto, and
WHEREAS, pursuant to Resolution No 96-87, the City Council is authorized to impose
service charges within the Distnct on a multi-year basis through and including the year 2006 for
taxes payable in said year, and
WHEREAS, pursuant to Section 2 04 of Resolution No 96-87, the maximum service
charge to be imposed in any year will be subject to adjustment calculations based on Consumer
Price Index (CPI) data for the Minneapolis/St Paul Metropolitan Area, and
WHEREAS, an increase in the annual service charge for 2000 is meets the requirements
set forth in the inflation adjustment cap, and
WHEREAS, pursuant to Section 3 of Resolution No 96-87, the Service Charges shall
be payable and collected at the same time and in the same manner as provided for payment and
collection of ad valorem taxes, and
WHEREAS, the City is required by Statute to certify assessments to the County by
November 30, 1999
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St Louis
Park as follows
1 The 2000 Budget for Special Service District No 1 of $119,500 is hereby
approved as recommended by the Special Service Distnct No 1 Advisory Board
2 The authorized 2000 service charge for Special Service District No 1 is
$106,000 After utilization of $32,194 of budget reserves the service charge imposed for the year
2000 shall be $73,806 in the amounts and against the properties specified on Exhibit "A" attached
to this Resolution
Reviewed for Administration
Attest
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Ci . Clerk
ouncil November 1, 1999
Mayo