2002-112
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 02-112
RESOLUTION APPROVING 2003 TAX LEVY
COLLECTIBLE IN 2002 AND ADOPTING THE 2003 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 properiy in said
City of Hopkins, for the following plU-poses.
General Fund
PERA Rate Increase
General Obligation Bonds
Improvement Bonds
BRA Lease Revenue Bonds
Total Levy
Proposed
$ 6,167,437
$ 11,815
$ 190,000
$ 143,000
$ 550.000
$ 7,062,252
Tlus levy is made based on cun"ent law and the 2003 General Fund Budget of $8,537,306.
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 of principal and interest on the following bond issues:
BRA Public Facility Lease Revenue Bonds 12-12-2002* G.O. PIR fund bonds 12-12-2002*
G.O. Tax Increment Redevelopment Bonds 12-12-2002 PIR Bonds 8-1-92*& Renmded 12-04-2001 *
G.O. Sewer Revenue Bonds 12-1-89 , Refunded 10-15-93 and Refunded 12-04-2001
Park Bonds 3-1-90, Renmded 1O-15-93and Refunded 12-04-2001 *
G.O. Water Revenue Bonds 4-1-2000 G.O. StOIDl Sewer Revenue Bonds 8-1-1999
Taxable G.O. Housing Impr. Bonds 5-1-1999 G.O. Improvement Revolv. Bonds 8-1-1999*
Taxable G.O. Housing hnpr. Bonds 8-1-1999 Housing Bonds 6-1-1997
Redevelopment Bonds 1- 1-1997 Redevelopment Bonds C 10-1-1996
Redevelopment Bonds D 10-1-1996 Housing Bonds 9-1-1995
Redevel. Bonds 12-1-89 & Refunded 10-15-1993 Renmding Bonds (Taxable) 2-1-1992
*Levy
BE IT FURTHER RESOLVED, that the City Clerk is hereby ordered and directed to transnut a
certified copy oftlus resolution to tlle County Auditor of Hennepin COlUlty, Minnesota.
Adopted by tlle City Council of the City of Hopkins at the levy adoption presentation of the Council held
tlus 18tll day of December, 2001.
~:?'~
Euger Maxwell, Mayor
ATTEST:
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