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1999-083CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION N0.99-083 RESOLUTION APPROVING PROPOSED 1999 TAX LEVY COLLECTIBLE IN 2000, ADOPTING THE PRELIMINARY 2000 BUDGET, AND SETTING PUBLIC HEARING DATES 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 2000 upon the taxable property in said City of Hopkins, for the following purposes. General Fund $5,334,144 General Obligation Bonds $ 240,000 Improvement Bonds 90 000 Total Levy $5,664,144 This levy is made based on current law and the 2000 General Fund Budget of $7,418,723. 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: Redevelopment Bonds 1-1-97 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 & Refunded 10-15-93 Housing Bonds 6-1-97 Taxable G.O. Housing Improvement Bonds 8-1-99 G.O. Improvement Revolving Bonds 8-1-99* Improvement Revolving Bonds 3-1-90* G.O. Redevelopment Bonds 10-1-96 Refunding Bonds (Taxable) 2-1-92 Improvement Revolving Bonds 8-1-92* Housing Bonds 9-1-95 Taxable G.O. Housing Imprv. Bonds 5-1-99 G.O. Storm Sewer Revenue Bonds 8-1-99 *Levy Public hearing date for the 2000 budget is December 6, 1999, with a continuation date of December 13, 1999, if necessary. 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 this 7th day of September, 1999. 4,. ATTEST: wf Te bdr}rtaier, pity CTprk ~..~ .~~~._,<.~rP_