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� <br /> o� <br /> • � ° <br /> �� � CITY of ORONO <br /> � <br /> � � ��:, .�. � <br /> ti <br /> � G RESOLUTION OF THE CITY COUNCIL <br /> ��kESI30g'� . NO. � �eB O �" � <br /> A RESOLUTION ADOPTING THE PROPOSED 2003 <br /> TAX LEVY COLLECTIBLE IN 2004 <br /> WHEREAS, at a regular meeting held on September 8,2003,the City Council of the City <br /> of Orono adopted Resolution No. 5041, establishing the Proposed 2003 Tax Levy Collectible in <br /> 2004, and; � <br /> WH�REAS, due to a misinterpretation of the overall levy limitation amount for taxes <br /> collectible in 2004,Resolution No. 5041 included an inconect amount for the General Fund tax levy <br /> to be collectible in 2004, and; <br /> WHEREAS, to conect the amount of the General Fund tax levy collectible in 2004, it is <br /> necessary to rescind Resolution No. 5041 <br /> NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Orono, ' <br /> • County of Hennepin, Minnesota,that Resolution No. 5041 is hereby rescinded. <br /> BE IT FURTHER RESOLVED, that the following sums be levied for the current year, <br /> collectible in 2004 upon the taxable properry in the City of Orono, for the following purposes: <br /> General Fund - Operating $2,651,230 <br /> PIR Fund -Infrastructure Replacement(Road) 35,450 <br /> Park Fund -Land Acquisition and Development 5,000 <br /> Imp & Equip Outlay - Capital Equipment Certificates 125,000 <br /> G.O. Improvement Bond 1997 18,000 <br /> Public Facilities Revenue Refunding Bond 1998 -HRA 250,000 <br /> G.O. Improvement Bond 1999 5,000 <br /> Fire Facility and Equipment Bond 2003 -HRA 73,250 <br /> . G.O. Sewer Improvement Refunding Bond 2003 35,000 � <br /> TOTAL ALL LEVIES . $3,197,930 <br /> The City Clerk is hereby instructed to transmit a certified copy of this resolution to the <br /> County Auditor of Hennepin County, Minnesota. <br /> Page 1 of 2 <br /> � <br />