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03-111 . . . CITY OF SHOREWOOD RESOLUTION NO. 03- 111 A RESOLUTION ADOPTING THE 2004 BUDGETS AND APPROVING THE 2003 PROPERTY TAX LEVY COLLECTIBLE IN 2004 WHEREAS, the 2004 Budget and 2003 property tax levies collectible in 2004 for the City of Shorewood have been prepared and reviewed by the City Council; and, WHEREAS, the City Council held a Truth-In-Taxation meeting on December 1, 2003, 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 the following budgets are adopted for the year 2004: General Fund Liquor Funds - (Combined) Water Fund - Operating and Debt Service Sewer Fund Recycling Fund Stormwater Management Fund $3,921,947 512,107 1,703,694 964,162 117,480 360,876 2. That the following sums be levied for 2003, collectible in 2004, upon taxable property in the City of Shorewood for the following purposes: General Fund Operations Levy Special Levy Total General Fund Levy $2,907,997 512,232 $3.420.229 3. That the City Administrator/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 8th day of December, 2003. WOODY LOVE, MAYOR ATTEST: . DAWSON, CITY ADMINISTRATOR