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2014-85CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: December 8, 2014 RESOLUTION NO: 2014 -85 MOTION BY: McDonald SECONDED BY: Tiornhom A RESOLUTION ADOPTING THE 2015 BUDGET AND CIP, AND ESTABLISHING TAX LEVIES FOR 2014, COLLECTIBLE IN 2015 WHEREAS, the City Council has examined the budgetary and tax levy needs for Chanhassen for the calendar year 2015 through detailed public budget meetings, and WHEREAS, the Public Budget meeting was held on December 1 st 2014, to receive public input into the budget and tax levy for 2015, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that the 2015 Budget for the City of Chanhassen is adopted with revenue and expenditure amounts for the General Fund of $10,164,500, Special Revenue Funds of $40,000, and $148,000, respectively which are detailed in the 2015 Budget which is made part of this motion by reference; and BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen adopts a total tax levy of $10,484,021 for 2015, and BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen adopts a tax levy of $800,000 for the purpose of equipment upgrades and purchases for 2015, and BE IT FURTHER RESOLVED that the City Council of the City of Chanhassen determines that certain bonded indebtedness levies are hereby adopted to meet statutory requirements and bond covenants and that the County Auditor is hereby authorized to spread the adopted bonded debt levies as shown on the attached Tax Levy Certification document, and BE IT FURTHER RESOLVED that the City Council adopts a Capital Improvement Program for years 2015 -2019 in the total amount of $122,985,080 BE IT FURTHER RESOLVED that the City of Chanhassen authorizes the County Auditor to levy the amounts shown on the attached Tax Levy Certification document upon taxable property in the City of Chanhassen in 2014 for collection in 2015, as set forth in the attached Tax Levy Certification document. Passed and adopted by the Chanhassen City Council this 8th day of December, 2014 ATTEST. To Gerhardt, City Manager Thomas A Furlong, Mayor YES NO ABSENT Furlong Ernst None Laufenburger McDonald Tjomhom