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19-121 CITY OF SHOREWOOD RESOLUTION NO. 19-121 A RESOLUTION ADOPTING THE 2020 GENERAL FUND OPERATING BUDGET AND APPROVING THE PROPERTY TAX LEVY COLLECTIBLE IN 2020 WHEREAS,the 2020 Budget and property tax levies collectible in 2020 for the City of Shorewood have been prepared and reviewed by the City Council; and, WHEREAS,the budget has been modified by the City Council to meet service delivery goals; and, WHEREAS, the City Council held a Truth-in-Taxation public meeting on December 2, 2019,to receive public comment regarding the adoption of such budgets and property tax levies; NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD AS FOLLOWS: 1. That a budget of$6,622,581 is adopted to pay for 2020 General Fund operations. 2. That the sum of$5,856,611 is levied for 2019, collectible in 2020, upon taxable property in the City of Shorewood. 3. That the City Clerk is hereby instructed 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 SHOREWOOD this 9t' day of December, 2019. ATTEST: Sco dry-,-May i J 47407L, Sandie Thone, City Clerk