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2007-059CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION N0.2007-058 RESOLUTION APPROVING THE PROPOSED 2008 TAX LEVY, APPROVING THE PROPOSED 2008 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 2008 upon the taxable property in the City of Hopkins, for the following purposes. General Le General Fund $7,8S4,S62 FERA Rate Increase 11,81 S Capital Levy 50,000 Debt Levies 1999D GO Permanent Improvement Bonds 26,000 2001 GO Refunding Bonds -Park & Rec 150,000 2002B GO Improvement Bonds 59,000 2003 HRA Lease Revenue Bonds 230,000 2007A GO Capital Improvement Bonds 642,000 2007B GO Improvement Bonds 175,000 Total Levy $9,223,377 HRA/EDA .Levy Housing & Redevelopment Authority Levy $ 30,000 That the Proposed 2008 General Fund Budget be set at $9,589,349. ' That the public hearing for the 2008 Budget and Tax Levy be set for December 3, 2007 at 6:30 pm with a continuation hearing date of December 18, 2007 at 7:30 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 4t'' day of September 2007. By ug Maxwell, Mayor ATTEST: ;~ _, Terry errn~i€~; pity Clerk ,,~.r `- ~ ~.,.