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2004-87 . e e CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: December 13. 2004 RESOLUTION NO: 2004-87 MOTION BY: A votte SECONDED BY: Peterson A RESOLUTION ADOPTING THE 2005 BUDGET AND ESTABLISHING TAX LEVIES FOR 2004, COLLECTIBLE IN 2005 WHEREAS, the City Council has examined the budgetary and tax levy needs for Chanhassen for the calendar year 2005 through detailed public budget meetings; and WHEREAS, the Truth in Taxation meeting was held to receive public input into the budget and tax levy for 2005; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that the 2005 Budget for the City of Chanhassen is adopted with revenue and expenditure amounts for the General Fund of $8,307,920, Special Revenue Funds of $30,000, $128,500, and $139,550, respectively, and Enterprise Funds of $2,208,800 and $1,891,600, respectively which are detailed in the 2005 Budget which is made part of this motion by reference; and LET IT BE 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. LET IT BE 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 2004 for collection in 2005, as set forth in the attached Tax Levy Certification document. Passed and adopted by the Chanhassen City Council this 13th day of December, 2004. ATTEST: T Thomas A. Furlong, Mayor ~A YES NO ABSENT Furlong Ayotte Labatt Lundquist Peterson None None