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2000-41.DOC CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: June 12, 2000 RESOLUTION NO: 2000-41 MOTION BY: Engel SECONDED BY: Labatt A RESOLUTION DECLARING INTENT TO EXERCISE LOCAL TRANSIT LEVY OPTION FOR TAXES IN 2001 WHEREAS, Laws of Minnesota for 1996, Chapter 455, Section 4 (the "Local Levy Option Act"), allows the Cities of Chanhassen, Chaska and Eden Prairie, to make a local transit tax levy in lieu of receiving assistance from the Metropolitan Council under Minnesota Statutes, Section 473.388, subdivision 4; and WHEREAS, said local transit levy will replace a similar transit tax levy which would otherwise be made by the Metropolitan Council; and WHEREAS, in order to effectively exercise the local transit tax levy option, it is necessary that each of the Cities of Chanhassen, Chaska, and Eden Prairie, notify the State Commissioner of Revenue and the Metropolitan Council of its intent to levy the taxes before July 1 or each levy year and to include in the notification the amount of the City's proposed transit tax for the levy year; and WHEREAS, it is in the best interest of the City of Chanhassen that it declare its intent to exercise the local transit levy option for taxes payable in 2001. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen as follows: in 2001 The City hereby declares its intent to exercise the local transit tax levy option for taxes payable in an amount not to exceed that permitted by Local Levy Option Act and as certified by the State Commissioner of Revenue in accordance therewith. The City Manager is authorized and directed to give the State Commissioner of Revenue and the Metropolitan Council of the City's intent to exercise the local transit tax option for option for taxes payable in 2001 in accordance with the notice attached hereto as Exhibit A and incorporated herein by reference. Passed and adopted by the Chanhassen City Council this 12th day of June, 2000. ATTEST: Scott A. Botcher, City Manager Nancy K. Mancino, Mayor YES NO ABSENT Mancino Jansen Senn Labatt Engel None None