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99-78DATE: MOTION BY: CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA September 13, 1999 Mancino RESOLUTION NO: SECONDED BY: 99-78 Labatt A RESOLUTION ESTABLISHING PROPOSED TAX LEVIES FOR 1999, COLLECTIBLE IN 2000 WHEREAS, the State of Minnesota has mandated the Truth in Taxation process requiring cities to certify a proposed property tax levy by September 15 for the ensuing year tax collections; and WHEREAS, the proposed property tax levy must not be increased but may, in fact, be decreased during the budget preparation and adoption process. NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen hereby certifies a proposed gross property tax levy for collection in 2000 of $6,806,576, reduced by anticipated Homestead and Agriculture Credit Aid (HACA) of $787,252 producing a net property tax levy for collection in 2000 of $6,019,324. Passed and adopted by the Chanhassen City Council this 13th day of September, 1999. ATTEST: Scott A. Botcher, City Manager Nancy K. Mancino, Mayor YES Mancino Engel Labatt Senn NO ABSENT Jansen None