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COUNCIL MEETING <br />R E G I O N A L T R A N S I T B 0 A R D ;�rr <br />Suite 402 Metro Square Building, St. Paul, Minnesota 551WT 15 1984 <br />291-6640 <br />CITY OF ORONO <br />MEMORANDUM <br />TO: Metropolitan Communities and Other Parties Affected by the <br />Regional Transit Board-s 1984/85 Property Tax Levy <br />FROM: Elliott Perovich, Chairman <br />DATE: September 27, 1984 <br />A special meeting of the Regional Transit Board will be held on October 8, <br />1984, to take final action on the 1984/85 transit property tax levy. Enclosed <br />for your information are two Regional Transit Board Resolutions along with <br />certain background data on the tax levy. Resolution 84-6 was passed by the <br />Board on September 24, 1984, and announces the Board-s intent to certify the <br />1984/85 tax levy according to the terms of proposed Resolution 84-7. <br />Resolution 84-7 adopts, one year earlier than required, the full tax relief <br />established by the 1984 tax feathering legislation. Each commmunity-s mill <br />rate is established by the frequency of service provided to the community. <br />These mill rates will be reevaluated next year after the Board has adopted an <br />interim implementation plan, financial plan, and budget. <br />As you are all aware, the Regional Transit Board is a new agency working hard <br />to meet a very ambitious schedule. Our goal is nothing less than developing <br />the nations finest transit system. We can do this without the involvement <br />and cooperation of local units of government. We invite your comments on the <br />transit tax levy and hope you will work with us in developing a cost effective, <br />efficient transit system. <br />CZ0283 <br />