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86-73 e e e .. - CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: September 22, 1986 RESOLUTION NO: 86-73 MOTION BY: Swenson SECONDED BY: Watson A RESOLUTION ADOPTING THE 1987 BUDGET, THE 1987 FEDERAL REVENUE SHARING BUDGET, AND ESTABLISHING TAX LEVIES FOR 1987 BE IT RESOLVED By the City Council of the City of Chanhassen that the 1987 Budget for the City of Chanhassen is hereby adopted in the aggregate revenue and expenditure amounts of $1,687,840 and $1,687,840, respectfully, such being further detailed in the 1987 Budget document which is hereby made a part hereof; and BE IT RESOLVED That the 1987 Revenue Sharing Budget for 1987, in the aggregate revenue and expenditure amounts of $ 0 and $ 0 - such as detailed in the heretofore adopted budget document, 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 1986 for collection in 1987 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 1986 Budget as the official control for the City of Chanhassen for 1986 as shown in the before hereto adopted 1987 Budget under the column shown as "1986 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 1986, for collection in 1987, as setforth below: -,. ,- ..~~ #> ~ Increases 1987 e Certified (Decreases) Taxes To Levy to Levy Be Levied Fund General Fund $1,476,400 -0- $1,476,400 Special Revenue Funds Fire Relief 17,000 -0- 17,000 MWCC Debt 11,290 -0- 11,290 General Bonded. Debt Equip. Certificates of 1982 37,500 -7,000 30,500 Equip. Certificates of 1984 30,000 -0- 30,000 . Equip. Certificates of 1984 12 18,000 . ".~O- 18,000 Equip. Certificates of 1986 59,130 -O~ 59,130 TOTALS $1,649,320 $ 7,000 $1,642,320 Passed and adopted by the Chanhassen City Council this e ?2nd day of September , 1986. ATTEST: La~ Don Ashworth, City-Clerk/Manager L YES NO ABSENT Hamilton None Horn Watson . Swenson Geving e .. ;",'.;,-..."