HomeMy WebLinkAboutResolution 2020-96 Adopting 2021 Budget and Final 2020 Tax LevyCity of Corcoran
Counfy of Hennepin
State of Minnesota
RESOLUTION NO. 2020-96
Motion By: Nichols
Seconded By: Bottema
December 10, 2020
A RESOLUTION ADOPTING 2021 BUDGET AND FINAL 2020 TAX LEVY, COLLECTIBLE IN
2021
BE IT RESOLVED, by the City of Corcoran, that the City Council hereby adopt the 2021 City
Budget; and
BE IT RESOLVED, the Downtown Utility and Street Improvement Debt 2016A will be paid by
the City's water and sewer utility funds; and
BE IT FURTHER RESOLVED, by the City of Corcoran, that the City Council hereby declare the
following sums of money be levied for the current year, collectible in 2021, for the following
purposes:
GENERAL
PROPERTY TAX
LEVY
$4,447,791
EQUIPMENT
CERTIFICATE
DEBT
2012A
$48,904
EQUIPMENT
CERTIFICATE
DEBT
2016A
$35,385
EQUIPMENT
CERTIFICATE
DEBT
2018A
$79,065
DEBT SERVICE LEVY 2018A
$36,304
ABATEMENT LEVY 2018A
$73,
500
EQUIPMENT
CERTIFICATE
DEBT
2020A
$100,905
FACILITY
EXPANSION DEBT
—PUBLIC
WORKS 2020B
$223,523
FO R
A TOTAL LEVY O F
$5, 045,
377
VOTING AYE
® Thomas, Ron
® Bottema, Jon
® Lother, Brian
® Nichols, Jeremy
® Schultz, Alan
VOTING NAY
U Thomas, Ron
❑ Bottema, Jon
❑ Lother, Brian
❑ Nichols, Jeremy
❑ Schultz, Alan
Whereupon, said Resolution is hereby declared adopted on this 10t" day of December
2020.
-� ���`
Ron Thomas -Mayor
ATTEST:
s ca seise —Administrative Services Director
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City Seal
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