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2001-30.DOC CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: May 29, 2001 RESOLUTION NO: 2001-30 MOTION BY: Peterson SECONDED BY: Labatt A RESOLUTION DECLARING INTENT TO EXERCISE LOCAL TRANSIT LEVY OPTION FOR TAXES IN 2002 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 2002. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen as follows: 1. The City hereby declares its intent to exercise the local transit tax levy option for taxes payable in 2002 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 taxes payable in 2002 in accordance with the notice attached hereto as Exhibit A and incorporated herein by reference. Passed and adopted by the Chanhassen City Council this 29th day of May, 2001. ATTEST: Todd Gerhardt, Acting City Manager Linda C. Jansen, Mayor YES NO ABSENT Jansen Ayotte Labatt Peterson None None