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HomeMy WebLinkAbout99-124 - ADMIN Resolution - City Council - 1999/11/01r 1 RESOLUTION NO. 99-124 RESOLUTION APPROVING 2000 BUDGET AND SERVICE CHARGES FOR SPECIAL SERVICE DISTRICT No. 2 WHEREAS, pursuant to Ordinance No 2093-97, the City Council created Special Service Distnct No 2 (the "District") The specific properties located within the District are identified on Exhibit "A" attached hereto, and WHEREAS, pursuant to Resolution No 97-165, the City Council is authorized to impose service charges within the Distnct on a multi-year basis through and including the year 2008 for taxes payable in said year, and WHEREAS, pursuant to Section 2 04 of Resolution No 97-165, 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 not proposed and therefore is not subject to the inflation adjustment cap, and WHEREAS, pursuant to Section 3 of Resolution No 97-165, 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 follows NOW THEREFORE BE IT RESOLVED by the City Council of the City of St Louis Park as 1 The 2000 Budget for Special Service District No 2 of $33,000 is hereby approved as recommended by the Special Service District No 2 Advisory Board 2 The authorized 2000 service charge for Special Service District No 2 is $33,000 After utilization of $18,806 of budget reserves the service charge imposed for the year 2000 shall be $14,194 in the amounts and against the properties specified on Exhibit "A" attached to this Resolution Reviewed for Administration Attest Ci Clerk ity Council November 1, 1999