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HomeMy WebLinkAbout10-125 - ADMIN Resolution - City Council - 2010/11/01• RESOLUTION NO. 10-125 RESOLUTION APPROVING 2010 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 "District") . The specific properties located within the District are identified on Exhibit "A" attached hereto; and WHEREAS, pursuant to Resolution No. 06-167, the City Council is authorized to impose service charges within the District on a multi-year basis through and including the year 2010 for taxes payable in said year; and WHEREAS, pursuant to Section 2.04 of Resolution No. 06-167, the maximum budget 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, pursuant to Section 3 of Resolution No. 06-167, 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 26, 2010. • NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis Park as follows: 1. The 2011 Budget for Special Service District No. 1 of $126,672 is hereby approved as recommended by the Special Service District No. 1 Advisory Board. 2. The authorized 2011 Service Charge for Special Service District No. 1 is $50,000 ounts and against the properties specified on Exhibit "A" attached to this Resolution. Review d or Administration: City M Attest: Mel City Clerk Adoptedby_the City Council November 1, 2010 / ( Mayor