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03-082CITY OF SHOREWOOD • RESOLUTION NO.03- os 2 A RESOLUTION SETTING TRUTH -IN -TAXATION PUBLIC HEARINGS ON THE PROPOSED 2004 BUDGETS AND THE 2003 PROPERTY TAX LEVY COLLECTIBLE IN 2004 WHEREAS, Minnesota State Law requires local governments to hold public hearings on their proposed budgets and property tax levies, and to publish notice of said public hearing to achieve truth in taxation, and, WHEREAS, the Minnesota Department of Revenue has issued guidelines for local governments to follow in implementing truth in taxation requirements, and, WHEREAS, it is the intention of the City Council to comply with such guidelines, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood that a public hearing on the proposed 2004 Municipal Budgets and the property tax levy for 2003, collectible in 2004, be held on Monday, December 1, 2003, at 7:15 p.m., or as soon thereafter as possible, and a continuation hearing, if necessary be held on Monday, December 8, 2003, at 7:15 p.m., or as soon thereafter as possible, at the City Hall, and that notice of such public hearing shall be published in accordance with Minnesota State Law and guidelines set forth by the Minnesota Department of Revenue. ADOPTED by the City Council of the City of Shorewood this 8th day of September, 2003. ATTEST: 0 WOODY LOVE, MAYOR CRAI� DAWSON, CITY ADMINISTRATOR 0