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94-074 . . . RESOLUTION NO. 94-74 A RESOLUTION SETTING THE 1995 PROPOSED GENERAL FUND BUDGET AND THE PRELIMINARY 1994 PROPERTY TAX LEVY COLLECTIBLE IN 1995 WHEREAS, the City staff has presented to the City Council the proposed 1995 General Fund Budget and the 1994 property tax levy collectible in 1995; and, WHEREAS, the City Council has met to review the proposed budget and property tax levy; and, WHEREAS, the city Council must approve and certify its proposed 1995 budget and preliminary property tax levy for 1994, collectible in 1995, to the County Auditor by September 15 of each year. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood that: 1. The 1995 Proposed General Fund budget is hereby set at $2,390,985. 2. The following sums be levied for 1994, collectible in 1995, upon taxable property in the City of Shorewood for the following purposes: General Fund Less: HACA Net General Fund General Obligation Water Storm Sewer District No. Total Levy $1,918,858.00 ( 426,970.00) Revenue Bonds 2 $1,491,888.00 17,550.00 8,568.00 $1,518,006.00 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 12th day of september, 1994. ~~~ Robert B. DaUghJrty, Acting Mayor rvv1 City Administrator