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96-48 RESOLUTION NO. 96-48 CITY OF CHANHASSEN RESOLUTION DECLARING INTENT TO EXERCISE LOCAL TRANSIT TAX LEVY OPTION FOR TAXES TO JOINT POWERS AGREEMENT WHEREAS, Laws of Minnesota for 1996, Chapter 455, Section 4 (the "Local Levy Option Act"), allows the Cities of Eden Prairie, Chanhassen and Chaska 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 tax 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 Eden Prairie, Chanhassen, and Chaska (a) notify the State Commissioner of Revenue of its intent to levy the taxes before July 1 of each levy year and to include in the notification the amount of the City's proposed transit tax for the levy year, and (b) agree to amend the Joint Powers Agreement (the "Joint Powers Agreement") pursuant to which the Southwest Metro Transit Commission was established to provide for payment to the Commission of the transit tax revenues derived from the levy as is currently provided for the payment of all other assistance received by each City pursuant to Minnesota Statutes, Sections 473.384 and 473.388; and WHEREAS, staff of the Commission has caused to be prepared a proposed amendment to the Joint Powers Agreement in the form of a Second Restated Joint Powers Agreement (the "Joint Powers Agreement Amendment'') to be executed on behalf of each of the Cities of Eden Prairie, Chanhassen and Chaska, respectively; and WHEREAS, it is in the best interest of the City of Chanhassen that it declare its intent to exercise the local transit tax levy option for taxes payable in 1997 and enter into the Joint Powers Agreement Amendment. 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 1997 in the maximum amount permitted by Local Levy Option Act and as certified by the State Commissioner of Revenue in accordance therewith. 2. The City Manager is authorized and directed to give the State Commissioner of Revenue and the Metropolitan Council notice of the City's intent to exercise the local transit tax option for taxes payable in 1997 in accordance with the notice attached hereto as Exhibit A and incorporated herein by reference. 3. The Joint Powers Agreement Amendment is hereby approved in substantially the form on file in the offices of the City, and the Mayor and City Manager are hereby authorized and directed to execute on behalf of the City the Joint Powers Agreement Amendment, together with such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary or appropriate and approved by the City Attorney prior to the execution thereof. In the event of the absence or disability of the Mayor or the City Manager, such officers of the City as, in the opinion of the City Attorney, may act on his or her behalf, shall, without further act or authorization of the City Council, execute the Joint Powers Agreement Amendment in place of such absent or disabled officer. The execution of the Joint Powers Agreement Amendment shall be conclusive evidence of the approval of such agreement in accordance with the terms hereof. Adopted: June 10, 1996 ATYEST: ~~ City Manager EXHIBIT A NOTICE OF INTENT TO EXERCISE LOCAL TRANSIT TAX LEVY OPTION FOR TAXES PAYABLE IN 1997 The State Commissioner of Revenue and the Metropolitan Council is hereby notified that the City of Chanhassen, Minnesota, intends to exercise the local transit tax levy option for taxes levied in 1996 and payable in 1997 pursuant to Laws of Minnesota for 1996, Chapter 455, section 4. The proposed amount of the City's transit tax for the 1996 levy year is $549,473 i.e. the maximum amount certified by the State Commissioner of Revenue in accordance with Laws of Minnesota for 1996, Chapter 455, Section 4, for taxes levied by the City in 1996 and payable in 1997. By order of the City Council of the City of Chanhassen. RECEIVED JUN 1 7 1996 CITY OF CHASHASSEN