95-118
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CITY OF SHOREWOOD
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RESOLUTION NO. 95- 118
A RESOLUTION ADOPTING THE 1996 BUDGET AND APPROVING
THE 1995 PROPERTY TAX LEVY COLLECTIBLE IN 1996
WHEREAS, the 1996 Budget and 1995 property tax levies collectible in 1996 for
the City of Shorewood were submitted and made available for public review at City Hall on
November 22, 1995; and,
WHEREAS, a Public Hearing, upon notice duly given, was held on November
29, 1995, for the purpose of receiving comments from the public regarding the adoption of such
budgets and property tax levies; and,
WHEREAS, the adoption of the 1996 Budgets and 1995 property tax levy
collectible in 1996 was held over to a subsequent hearing held on December 11, 1995.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Shorewood as follows:
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1. That the following budgets are adopted for 1996:
General Fund
Water Fund
Sewer Fund
Recycling Fund
Stormwater Management Fund
$2,516,698.00
380,322.00
877,242.00
74,806.00
136,842.00
2. That the following sums be levied for 1995, collectible in 1996, upon taxable
property in the City of Shorewood for the following purposes:
General Fund
Less: HACA
Net General Fund
General Obligation Water Revenue Bonds
Storm Sewer District No.2
Total Levy
$1,987,648.00
(413.718.00)
$1,573,930.00
16,275.00
8.508.00
$1,598,713.00
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 11th day
of December, 1995.
(4~~-F&a~t;u~_
Robert B. Bean, Mayor
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