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2004-092 CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA . RESOLUTION 04-092 RESOLUTION APPROVING 2004 TAX LEVY COLLECTIBLE IN 2005 AND ADOPTING THE 2005 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 2005 upon the taxable property in the City of Hopkins, for the following purposes. General Fund PERA Rate Increase Capital Levy HRA Levy General Obligation Bonds Improvement Bonds HRA Lease Revenue Bonds Total Levy $ 7,261,263 $ 11,815 $ 25,000 $ 10,000 $ 190,000 $ 147,000 $ 475.000 $ 8,120,078 This levy is made based on current law and the 2005 General Fund Budget of$8,921,764. 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 an interest n the following bond issues: 1-1-97 Redevelopment Bonds 10-1-96 Redevelopment Bonds 12-1-89 Sewer Revenue Bonds 2-1-92 Taxable Refunding Bonds Refunded 10-15-93 & 12-4-01 12-1-89 Redevelopment Bonds Improvement Revolving Bonds Refunded 10-15-93 Refunded 12-4-01 3-1-90 Park Bonds Refunded 10-15-93 & 12-4-01 Housing Bonds 5-1-99 Taxable GO How,ing Improvement Bonds Housing Bonds 8-1-99 GO Storm Sewer Bonds GO Housing Improvement Bonds 4-1-00 Water Revenue Bonds GO Improvement Revolving Bonds 10-1-02 GO Improvement Revolving Bonds Redevelopment Bonds 10-1-02 HRA Lease Revenue Bonds HRA Lease Revenue Bonds 6-1-03 GO Storm Sewer Revenue Bonds 8-1-92 9-1-95 6-1-97 8-1-99 8-1-99 10-1-02 6-1-03 Bold = Included in 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 21 st day of December, 2004. c ~~ E ene Maxwell, Mayor e- "' _,V";"', ,",j ,~ ^ \_<