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2010-80 I CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: September 13, 2010 RESOLUTION NO: 2010 -80 MOTION BY: McDonald SECONDED BY: Tjornhom A RESOLUTION ADOPTING THE PRELIMINARY 2011 BUDGET, AND ESTABLISHING TRUTH IN TAXATION TAX LEVIES AND PUBLIC HEARING DATES FOR 2010, COLLECTIBLE IN 2011 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHANHASSEN AS FOLLOWS: 1. That the 2011 Preliminary Budget for the City of Chanhassen is adopted in the aggregate revenue and expenditure amounts for the General Fund of $9,637,600; and 2. That the total preliminary levy to be certified to Carver County by September 15, 2010 is $10,321,390; and 3. That the following sums of money have been scheduled as "Proposed Levy Certification" to fund operations of the general fund, capital replacement fund, MSA fund and debt service funds to be levied in 2010 for collection in 2011 upon the taxable property in the City of Chanhassen as shown in this resolution; and 4. That the City Council of the City of Chanhassen determines that certain bonded indebtedness levies are hereby adopted to meet current and future bond requirements and that the County Auditor is hereby authonzed and directed to increase or reduce the previously adopted bonded debt levies as shown on the attached Tax Levy Certification document; and 5. That the Public Meeting date will be set for December 6, 2010 and the budget and tax levy adoption will be set for December 13, 2010 as allowed by law; and 6. That the City of Chanhassen authorizes the County Auditor to certify the amounts as set forth in the attached Proposed Levy Certification document for purposes of preparing the Truth in Taxation notices. Passed and adopted by the Chanhassen City Council this 13th day of September, 2010. ATTEST: /Y - - ` 115 t - —1—C A1/47.- d d Gerhardt, City Manager Thomas A. Furlong, Mayor YES NO ABSENT Furlong Ernst None McDonald Litsey Tornhom