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HomeMy WebLinkAboutResolution 2020-68 Adopting Preliminary Proposed Tax Levy 2021City of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2020-68 Motion By: Bottema Seconded By: Anderson September 10, 2020 A RESOLUTION ADOPTING PRELIMINARY PROPOSED TAX LEVY COLLECTIBLE IN 2021 BE IT RESOLVED, by the City Council of the City of Corcoran does hereby declare that the following sums of money be levied for the budget year 2021, collectible in 2021, for the following purposes: GENERAL PROPERTY TAX LEVY $4,451,720 EQUIPMENT CERTIFICATE DEBT 2012A $48,904 EQUIPMENT CERTIFICATE DEBT 2016A $35,385 EQUIPMENT CERTIFICATE DEBT 2018A $797065 DEBT SERVICE LEVY 2018A $367304 ABATEMENT LEVY 2018A $73, 500 EQUIPMENT CERTIFICATE DEBT 2020A $1007905 FACILITY EXPANSION DEBT - PUBLIC WORKS $2287677 FOR A TOTAL LEVY OF $ 5,054,460 , FURTHER BE IT RESOLVED that the Council does hereby designate the following date for the Truth in Taxation Budget Meeting at which public comment is accepted on December 10, 2020 at 7:00 pm at Corcoran City Hall, Corcoran, MN 55340. VOTING AYE , ® ThomasRon ® Andersons, To ® Bottema, Jon ® Lother, Brian ® Schultz, Alan Whereupon, said Resolution is her 2020. ATTEST: 8200 County Road 116, VOTING NAY ❑ Thomas, Ron ❑ Anderson, Tom ❑ Bottema, Jon ❑ Lother, Brian ❑ Schultz, Alan eby declared adopted on this 101" day of September Ron Thomas -Mayor City Seal J ica else —Administrative Services Director Page 1 of 1