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r <br />LtaBasi <br />Sep ^ <br />REQUEST FOR COUNCIL ACTION ^ <br />DATE: SeiWfeAerS. 1996 <br />ITEM NO <br />= /^ <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 Hearines <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. Based on the available dates, it is staffs recommendation to <br />set the initial (T in T) public hearing for 7;00 P.M. on Wednesday, December 4, 1996 at <br />the City Council Chambers, and to set the continuation hearing for 7:00 P.M. on <br />Wednesday, December 11, 1996 at the City Council Chambers. <br />If a continuation hearing is not required^ the final tax levy and budget will be adopted <br />at a subsequent hearing to be held at 7:00 P.M. on Monday, December 9, 1996 prior to <br />the regular council meeting on that date. (In this case the council will announce the time <br />and place for the subsequent hearing, to officially adopt the final tax levy and budget, at <br />the initial T in T hearing.) <br />If a continuation 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 />must be at least one day after 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 4. 1996, at the Orono council chambers, and to set the continuation hearing, if <br />required, for 7:00 P.M., Wednesday, December 11, 1996, at the Orono council chambers. <br />1 <br />\