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2002-85• CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: September 9. 2002 RESOLUTION NO: 2002-85 MOTION BY: Boyle SECONDED BY: Avotte A RESOLUTION ADOPTING THE PRELIMINARY 2003 BUDGET, AND ESTABLISHING TRUTH IN TAXATION TAX LEVIES FOR 2002, COLLECTIBLE IN 2003 BE IT RESOLVED by the City Council of the City of Chanhassen that the 2003 Budget for the City of Chanhassen is adopted in the aggregate revenue and expenditure amounts for the General Fund of $8,868,635, which are detailed in the 2003 Preliminary Budget; and BE IT RESOLVED that the following sums of money have been scheduled as "Proposed Levy Certification" to fund operations of the general fund and debt service to be levied in 2002 for collection in 2003 upon the taxable property in the City of Chanhassen as shown in this resolution; and BE IT RESOLVED 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 authorized and directed to increase or reduce the previously adopted bonded debt levies as shown on the attached Tax Levy Certification document; and BE IT RESOLVED that the Truth in Taxation hearing date will be set for December 2, 2002 and the budget and tax levy adoption will be set for December 9, 2002 as allowed by law. NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen authorizes the County Auditor to certify the following 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 9th day of September 2002. Ar - To Gerhardt, City Manager Linda Jansen, Mayo YES NO ABSENT Jansen Peterson Labatt • Ayotte Boyle