86-85
e
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
December 1, 1986
RESOLUTION NO:
86-85
MOTION BY:
Horn
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 $1,688,040
and $1,688,040, 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
e
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 $1,137,500 -0- $1,137,500
Special Revenue Funds
Fire Relief 17,000 -0- 17,000
MWCC Debt 11,290 -0- 11,290
General Bonded Debt
1980 Community Facility Bonds 148,900 -0- 148,900
Equip. Certificates of 1982 37,500 -7,000 30,500
Equip. Certificates of 1984 30,000 -0- 30,000
Equip. Certificates of 1984 #2 18,000 -0- 18,000
Equip. Certificates of 1986 59,130 -0- 59,130
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
e TOTALS $1,842,320 $200,000 $1,642,320
Passed and adopted by the Chanhassen City Council this
1st
day of
December
, 1986.
ATTEST:
Asil: ciQ~ger
Don
YES
NO
ABSENT
Gevinq
Watson
Swenson
Horn
None
Hamilton
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