2001-097 CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 01-097
RESOLUTION APPROVING 2001 TAX LEVY
COLLECTIBLE IN 2002 AND ADOPTING THE 2002 GENERAL FUND BUDGET
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HOPKINS, MINNESOTA, that the
following sums of money be levied for the current year collectible in 2002 upon the taxable property in said
City of Hopkins, for the following purposes.
Proposed
General Fund $6,137,325
PERA Rate Increase $ 11,815
General Obligation Bonds $ 215,000
Improvement Bonds $ 127,000
Total Levy $ 6,491,140
This levy is made based on current law and the 2002 General Fund Budget of $8,346,588.
Provision has been made for the payment of the City's contributory share to the Public Employees
Retirement Association.
Provision has also been made for the payment ofp~4ncipal and interest on the following bond issues:
G.O. Sewer Revenue Bonds 12-1-89 & Refunded 10-15-93
Redevelopment Bonds 12-1-89 & Refunded 10-15-93
Park Bonds 3-1-90' &Refunded 10-15-93 *
Refunding Bonds 3-1-90 & Refimded 10-15-93
Refunding Bonds (Taxable) 2-1-92
h,nprovement Revolving Bonds 8-1-92'
Housing Bonds 9-1-95
Redevelopment Bonds C 10-1-96
Redevelopment Bonds D 10-1-96
Redevelopment Bonds 1- 1-97
Housing Bonds 6-1-97
Taxable G.O. Housing Impr. Bonds 5-1-99
Taxable G.O. Housing Impr. Bonds 8-1-99
G.O. Improvement Revolv. Bonds 8-1-99'
G.O. Storm Sewer Revenue Bonds 8-1-99
G.O. Water Revenue Bonds 4-1-00
G.O. Refunding Bonds 12-4-01
*Levy
BE IT FURTHER RESOLVED, that the City Clerk is hereby ordered and directed to transmit a
certified copy of this resolution to the County Auditor of Hennepin County, Minnesota.
Adopted by the City Council of the City of Hopkins at the levy adoption presentation of the Council held
this 18th day of December, 2001.