88-07
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e
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: January 25, 1988
RESOLUTION NO: 88-07
MOTION BY:
Horn
SECONDED BY:
Johnson
A RESOLUTION ADOPTING THE 1988 BUDGET,
AND ESTABLISHING TAX LEVIES FOR 1988
BE IT RESOLVED By the City Council of the City of Chanhassen
that the 1988 Budget for the City of Chanhassen is hereby adopted
in the aggregate revenue and expenditure amounts of $3,879,060
and $3,561,450, respectfully, such being further detailed in the
1988 Budget document which is hereby made a part hereof; 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 1987
for collection in 1988 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 1987 Budget as the official control for the City of
Chanhassen for 1987 as shown in the before hereto adopted 1988
Budget under the column shown as "1987 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 1987, for collection in 1988, as setforth below:
..
, .-
Increases 1988
Certified (Decreases) Taxes To
. Levy to Levy Be Levied
Fund
General Fund $ 1,260,000 -0- $ 1,260,000
Special Revenue Funds
Fire Relief 17,000 -0- 17,000
General Bonded Debt
1980 Community Facility Bonds 151,300 -0- 151,300
Equip_ Certificates of 1984 30,000 -0- 30,000
Equip. Certificates of 1984 #2 17,000 -0- 17,000
Equip. Certificates of 1986 79,500 -0- 79,500
Equip. Certificates of 1987 50,000 -0- 50,000
Special Assessment Bonded Debt
Bonds of 1972/73 150,000 -75,000 75,000
Refunding Bonds 1983 85,000 -85,000 0
G.O. Bonds of 1986 148,000 -33,000 115,000
G.O. Bonds of 1984 35,000 -0- 35,000
TOTALS $ 2,022,800 $ -193,000 $ 1,829,800
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Passed and adopted by the Chanhassen City Council this
25th day of January
, 1988.
ATTEST:
a
Don Ashworth,
~~
C ty Clerk/Manager
L
YES
NO
ABSENT
Hamilton
Horn
Gevinq
Johnson
Boyt
"