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85-58 e e e CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: October 7, 1985 RESOLUTION NO: 85-58 MOTION BY: Councilwoman Swenson SECONDED BY: Mayor Hamilton A RESOLUTION ADOPTING THE 1986 BUDGET, THE 1986 FEDERAL REVENUE SHARING BUDGET, AND ESTABLISHING TAX LEVIES FOR 1986 BE IT RESOLVED By the City Council of the City of Chanhassen that the 1986 Budget for the City of Chanhassen is hereby adopted in the aggregate revenue and expenditure amounts of $2,649,250 and $2,592,980, respectfully, such being further detailed in the 1985 Budget document which is hereby made a part hereof; and BE IT RESOLVED That the 1986 Revenue Sharing Budget for 1986, in the aggregate revenue and expenditure amounts of $64,500 and $0.00 - such as detailed in the heretofore adopted budget docu- ment, is hereby adopted; and BE IT RESOLVED That the following sums of money have been scheduled as "Certified Levies" as a part of the bond resolutions originally passed for such bond debt - such to be levied in 1985 for collection in 1986 upon the taxable property in said City of Chanhassen and as shown in this resolution; and BE IT RESOLVED That the City Council of the City of Chanhassen hereby determines that certain bonded indebtedness levies are hereby adopted to meet current and future bond requirements and that the County Auditor is hereby authorized and directed to increase or reduce the previously adopted bonded debt levies as shown below; and BE IT RESOLVED That the City of Chanhassen hereby establishes a revised 1985 Budget as the official control for the City of Chanhassen for 1985 as shown in the before hereto adopted 1985 Budget under the column shown as "1985 Estimated" Budget for each of the operation funds of the City. NOW, THEREFORE, BE IT RESOLVED That the City of Chanhassen hereby authorizes the County Auditor to levy the following amounts upon taxable property in the City of Chanhassen, in accordance with the heretofore established budget and bonded debt findings in 1985, for collection in 1986, as setforth below: Increases 1986 - Certified (Decreases) Taxes To Levy to Levy Be Levied Fund General Fund $1,226,390 -0- $1,342,370 General Bonded Debt 1980 Community Facility Bonds 146,100 -0- 146,100 Special Assessment Bonded Debt Refunding Bonds 1983 65,000 -0- 65,000 TOTALS $1,553,470 $ -0- $1,553,470 Passed and adopted by the Chanhassen City Council this 7th day of October , 1985. e ATTEST: f2 (1L~ Don Ashworth, City Clerk/Manager ~~/ L-L. ~homas L. Hamilton, Mayor YES NO ABSENT Hamilton Horn Watson Swenson Geving None None e