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ARDEN HILLS CITY COUNCIL—DECEMBER 14, 2015 5 Mayor Grant understood that there is a difference between cities. He provided further comment on the City's financial standing within the community. He stated that historically,the City has not used bonding, but anticipated that this may change when TCAAP begins to develop. Mayor Grant closed the Truth-In-Taxation hearing at 7:57 p.m. C. Resolution 2015-050 Adopting and Confirming Quarterly Special Assessments for Delinquent Utilities Acting City Administrator Iverson stated that delinquent utility amounts are certified to Ramsey County quarterly. A list of utility accounts with a delinquent balance was compiled and notices dated November 12, 2015, were mailed. These customers were informed of their delinquent status and were asked to make payment of the delinquent balance by December 9, 2015. Utility accounts with an unpaid delinquent balance after December 9, 2015, will be certified to Ramsey County to be added to property taxes payable in 2016. The certification amount is equal to the unpaid delinquent balance plus an eight percent penalty. A list of remaining delinquent utility accounts, as of December 11, 2015, is reviewed by staff. The City will request that Ramsey County levy the delinquent balances against the respective properties. Staff recommended that the Council confirm the quarterly special assessments for delinquent utilities. Mayor Grant opened the public hearing at 7:58 p.m. With no one coming forward to speak, Mayor Grant closed the public hearing at 7:59 p.m. MOTION: Councilmember Holden moved and Councilmember McClung seconded a motion to adopt Resolution #2015-050 — Adopting and Confirming Quarterly Special Assessments for Delinquent Utilities. The motion carried (4-0). 9. NEW BUSINESS A. Adoption of the 2016 Budget and Tax Levy • Approve the 2016-2020 CIP • Resolution 2015-054 Adopting the Proposed 2016 Budget in the Amount of$11,527,350 • Resolution 2015-055 Setting the Final Tax Levy for Taxes Payable in 2016 in the Amount of$3,478,775 Acting City Administrator Iverson reviewed the proposed 2016 budget and final tax levy with the Council. She requested that the Council approve the 2016-2020 CIP, the proposed budget and the final tax levy. MOTION: Councilmember McClung moved and Councilmember Holmes seconded a motion to approve the 2016-2020 CIP as presented. Councilmember Holmes fully supported the CIP as presented.