1995-075
CITY OF HOPKINS
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Hennepin County, Minnesota
RESOLUTION NO. 95-75
A RESOLUTION APPROVING PROPOSED 1995 TAX LEVY
COLLECTIBLE IN 1996, ADOPTING THE PRELIMINARY 1996 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 1996 upon the taxable property in said City of
Hopkins, for the following purposes.
General Fund
Equipment Replacement FUfld
General Obligation Bonds
Improvement Bonds
Total Levy
$4,313,000
450,000
248,000
106.000
$5,117,000
This levy is made based on current law and the 1996 General Fund Budget of$6,592,000.
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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 5-1-88 & Refunded 10-15-93
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
*Levy
Improvement Revolving Bonds 3-1-90*
Redevelopment Bonds 5-22-91
Refunding Bonds (Taxable) 2-1-92
Improvement Revolving Bonds 8-1-92 *
Public hearing date for the 1996 budget is December 8th, 1995, with a continuation date of December 15th,
1995.
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 a regular meeting of the Council held this 5th day of
September, 1995.
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