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07-084CITY OF SHOREWOOD RESOLUTION NO. 07-U84 A RESOLUTION ADOPTING THE 2008 BUDGETS AND APPROVING THE 2007 PROPERTY TAX LEVY COLLECTIBLE IN 2008 WHEREAS, the 2008 Budget and 2007 property tax levies collectible in 2008 for the City of Shorewood have been prepared and reviewed by the City Council; and, WHEREAS, the City Council held a Tnrth-In-Taxation meeting on December 3, 2007, to receive public comment regarding the adoptiarl of such budgets and property tax levies; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood as follows: That the following budgets are adopted for the year 2008: General Fund $5,319,145 Water Fund -Operating and Debt Service 1,501,709 Sewer Fund 1,247,618 Recycling Fund 99,675 Stormwater Management Fund 233,680 2. That the following sums be levied for 2007, collectible in 2008, upon taxable property in the City of Shorewood for the following purposes: General Fund Operations Levy $4,056,917 Special Levy 555,078 Total General Fund Levy $4,611,995 3. That the City Administrator/Clerk is hereby instructed to transmit a certified copy of this resolution to the Cotmty Auditor of Hennepin County, Minnesota. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 10th day of December, 2007. ATTF.~T~ Craig . llawson, City Administrator/Clerk `. Christine Lizee, Mayor