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99-86DATE: CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA MOTION BY: October 11~ 1999 RESOLUTION NO: 99-86 Senn SECONDED BY: Jensen A RESOLUTION AUTHORIZING A LEVY CERTIFICATION TAX RATE INCREASE FOR TAXES COLLECTIBLE IN 2000 WHEREAS, the State of Minnesota has adopted legislation requiring cities in certain situations to adopt a resolution authorizing a tax rate increase; and WHEREAS, the proposed property tax rate may be increased by adopting a higher tax levy than the previous year, but could be decreased during the budget adoption process; and WHEREAS, the City Council seeks to comply with the law to allow flexibility during the budget adoption process. NOW, THEREFORE, BE IT RESOLVED that the City of Chanhassen hereby authorizes the Carver County Auditor to fix a property tax rate for taxes collectible in 2000 higher than the rate calculated pursuant to Minnesota Statutes 275.078 for city taxes levied in 1998, collectible in 1999. Passed and adopted by the Chanhassen City Council this 11th day of October, 1999. ATTEST: Scott A. Botcher, City Manager Nancy K. Mancino, Mayor YES Mancino Engel Labatt Jansen Senn NO ABSENT None None