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1999-111CITY OF HOPICTNS HENNEPIN COUNTY, MINNESOTA RESOLUTION 99-111 RESOLUTION APPROVING 1999 TAX LEVY COLLECTIBLE IN 2000 AND ADOPTING THE 2000 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 2000 upon the taxable property in said City of Hopkins, for the following purposes. ProQosed General Fund $5,334,144 General Obligation Bonds $ 240,000 Improvement Bonds 90 000 Total Levy $5,664,144 This levy is made based on current law and the 2000 General Fund Budget of $7,418,723. Provision has been made for the payment of the City's contributory share to the Public Employees Retirement Association. Provision has also been made for the payment of principal and interest on the following bond issues: G.O. Sewer Revenue Bonds 12-1-89 &Refunded 10-15-93 Redevelopment Bonds 12-1-89 &Refunded 10-15-93 Park Bonds 3-1-90* &Refunded 10-1,5-93 Refunding Bonds 3-1-90 &Refunded 10-1$-93 Improvement Revolving Bonds 3-1-90* Refunding Bonds (Taxable) 2-1-92 Improvement Revolving Bonds 8-1-92* Redevelopment Bonds C 10-1-96 *Levy Redevelopment Bonds D 10-1-96 Housing Bonds 9-1-95 Housing Bonds 6-1-97 Redevelopment Bonds 1- 1-97 Taxable G.O. Housing Impr. Bonds 5-1-99 Taxable G.O. Housing Impr. Bonds 8-1-99 G.O. Improvement Revolt'. Bonds 8-1-99* G.O. Storm Sewer Revenue Bonds 8-1-99 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 hearing of the Council held this 7th day of December, 1999. Char es D. Redepenn g, Ma ATTEST: Terry Ob ier, City Clerk