2001-060 CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 01-060
RESOLUTION APPROVING PROPOSED 2001 TAX LEVY COLLECTIBLE IN 2002, ADOPTING THE
PRELIMINARY 2002 BUDGET, AND SETTING PUBLIC APPROVAL 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 2002 upon the taxable property in said City
of Hopkins, 'for the following purposes.
General Fund
Housing and Redevelopment
PERA rate increase
General Obligation Bonds
Improvement Bonds
Total Levy
$6,137,325
100,000
11,815
215,000
127,000
$ 6,591,140
This levy is made based on current law and tine 2002 General Fund Budget of $8,377,132.
Provision has been made for the payment of tine City's contributory share to the Public Employees Retirement
Association.
Provision has also been made for the payment o'f principal and interest on tine following bond issues:
Redevelopment Bonds 1-1-97
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 hnprovernent Bonds 8-i-99
G.O. Improvement Revolving Bonds 8-1-99'
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 Improv. Bonds 5-1-99
G.O. Storln Sewer Revenue Bonds 8-1-99
G.O. Water Revenue Bonds 4-1-00
Levy*
Public review and approval dates for the 2002 budget are as follows, December 4, 2001 'for review, witln final
approval date of December 18, 2001.
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 4th day of September, 2001.
en'y~/t~Tnaier, City Clerk
By
~E4~g/ene M~Z~Xwell, Mayor