2005-119
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 05-119
RESOLUTION APPROVING 2006 TAX LEVY
AND ADOPTING THE 2006 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 2006 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
$ 7,164,263
$ 11,815
$ 25,000
$ 20,000
$ 180,000
$ 147,000
$ 890.000
$ 8,438,078
This levy is made based on current law and the 2006 General Fund Budget of $8,888,288.
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
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
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 20th
day of December, 2005.
~~~
u axwell, Mayor