2005-083
CI1'Y OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 2005-083
RESOLUTION APPROVING THE PROPOSED 2006 TAX LEVY,
APPROVING THE PROPOSED 2006 BUDGET, AND SETTING PUBLIC HEARING DATES
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HOPKINS, MINNESOTA,
That the following sums be levied for the current year collectible in 2006 upon the taxable
property in said City of Hopkins, for the following purposes.
General Fund
Housing & Redevelopment Authority
PERA Rate Increase
Capital Levy
General Obligation Bonds
Improvement Bonds
lIRA Leased Revenue Bonds
Total Levy
$7,261,263
20,000
11,815
25,000
180,000
147,000
970.000
$8,615,078
That the Proposed 2006 General Fund Budget be set at $8,946,738.
Provision has also been made for the payment of principal an interest for 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
8-1-92 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 Housing 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
9-1-95
6-1-97
8-1-99
8-1-99
10-1-02
6-1-03
Bold = Included in Levy
That the public hearing for the 2006 Budget and Tax Levy be set for December 5, 2005 with a continuation hearing
date of December 20,2005 at 6:30 pm in the City Council Chambers.
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 6th day of September 2005.
BY~~
uge axwell, Mayor