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n <br />10 <br />REQUEST FOR COUNCIL ACTION <br />O^yO * w <br />6 <br />DATE: Septembers, 1997 <br />ITEM NO: \ 5 <br />Department Approval: <br />Name Ron Moorse <br />Title City Administrator <br />Administrator Reviewed:Agenda Section: <br />City Administrator's <br />Report <br />Item Description: ' <br />Establishment of Dates for the Truth In Taxation Hearings <br />Attachment. Calendar of Dates Available for Truth In Taxation Hearings <br />The City is required to select dates for an initial Truth in Taxation (T in T) hearing, and <br />for a continuation hearing. On the basis of the available dates, it is staffs <br />recommendation to set the initial (T in T) public hearing for 7:00 P.M. on Wednesday, <br />December 3, 1997, at the City Council Chambers, and to set the continuation hearing for <br />7:00 P.M. on Wednesday, December 10,1997, at the City Council Chambers. <br />If a continuatio n hcuring u n ot requ ired, the final tax levy and budget may be adopted <br />at a subsequent hearing which can be held at 7:00 P.M. on Monday, December 8, 1997, <br />prior to the regular council meeting on that date. (In this case the council would <br />announce the time and place for the subsequent hearing to officially adopt the final tax <br />levy and budget, at the initial T in T hearing.) <br />11 a cont inuatio n hearing is required, the council will then decide on a subsequent <br />hearing date and time to officially adopt the final tax levy and budget and must announce <br />it at the continuation hearing. (The hearing to officially adopt the tax levy and budget <br />may be held immediately following the continuation hearing.) <br />COUNCIL ACTION REQUESTED: <br />Motion to set the initial Truth In Taxation public hearing for 7:00 P.M., Wednesday, <br />December 3, 1997, at the Orono council chambers, and to set the continuation hearing, if <br />required, for 7:00 P.M., Wednesday, December 10, 1997, at the Orono council chambers.