HomeMy WebLinkAboutResolution 3680 , � - � , , . .
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'�' RESOLUTION OF THE CITY COUNCIL
• ��`9�ti'E Hpg'�'� NO. ,s� s � O
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. :.:`.:A RES OI;"CITION,�A1V1E1VDING°:THE_FIlVAL'1995
y"'::TAX'I;ETVI'`.CfJLLECTIBLE�llT:-1�95 F'r`JIt' DE�T..SERVYCE
" ` .:BE IT,RESOLVEID, by:the .Gity.,Council of the��City of Orono, Counry of
Hennepin, Minnesota, that Resolution#3646, which adopted the fina11995 Tax Levy Collectible
in 1996, is hereby amended to reflect the effects of the sale of the 1995 General Obligation
Refunding Bonds, and the subsequent call of all outstanding principal of the 1985 General
Obligation Sewer Improvement Bonds prior to January 1, 19y6, with the reallocation of the tax •
levy for debt service from the 1985 Bonds ,to :the:1995 Bonds.
General - Operating _ , _$1, 647,940
.,�.-��I�nf.rastructure;��Repl•ac,ement, ,.,?r _ 40 , 000
. :`'TOTAL'"�;GENEFZAL I�EVY :$1,,.687, 940
, G.O. S�wer Improvement Bond 1.992 24 000
G.O. Sewer, Water, Street �Improvement �
Bond 1982 4, 500
G.O. Refunding Bonds 1995 46 000
G.O. Water & Sewer Revenue Bond 1989 90, 000
Bonds of Other Government Units -
H.R.A. Building Bond 1991 228 400
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TOTAL SPECIAL L�VIES , 392, 900
TOTAL ALL LEVIES $2 , 080 , 840
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Further, the reallocation between the two bond issues does not alter either the total
of all levies or the allocation by purpose for the levies.
The City Clerk is hereby instructed to transmit a certified copy of this resolution
to the County Auditor of Hennepin County, Minnesota.
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting
held February 12, 1996.
A T: � � �
��--����7-�'l�� C�/' -� �lf
• `�� ` Edward J. Callah ; Jr., Mayor •�
. �
orothy M. a , City Clerk �
�zo��.� : �