88-111
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: October 10, 1988
RESOLUTION NO: 88-111
MOTION BY:
Johnson
Gevinq
SECONDED BY:
A RESOLUTION ADOPTING THE 1989 BUDGET,
AND ESTABLISHING TAX LEVIES FOR 1989
BE IT RESOLVED By the City Council of the City of Chanhassen
that the 1989 Budget for the City of Chanhassen is hereby adopted
in the aggregate revenue and expenditure amounts of $4,656,620
and $4,605,100 respectfully, such being further detailed in the
1989 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 1988
for collection in 1989 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 1988 Budget as the official control for the City of
Chanhassen for 1988 as shown in the before hereto adopted 1989
Budget under the column shown as "1988 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 1988, for collection in 1989, as setforth below:
e Increases 1989
Certified (Decreases) Taxes To
Levy to Levy Be Levied
Fund
General Fund $ 1,842,900 -0- $ 1,842,900
General Bonded Debt
1988 Fire Equipment Bonds 130,000 -0- 130,000
Total General Obligation
Bonded Debt 130,000
Special Assessment Bonded Debt
G.O. Bonds of 1986 148,000 - 5,000 1 43 , 000
Total Special Assessment
Debt Funds 148,000 - 5,000 143,000
TOTAL DEBT LEVIES 278,000 - 5,000 2 73 , 00 0
. TOTAL LEVIES 2,120,900 - 5,000 2,115,900
Passed and adopted by the Chanhassen City Council this
10th
day of
October
, 1988.
ATTEST:
~Q ()~ ~
Don Ashworth, ~nager
YES
NO
ABSENT
Boyt
Johnson
Horn
Geving
None
Hamilton
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