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ARDEN HILLS CITY COUNCIL—DECEMBER 14, 2020 8 Councilmember Holmes stated this was a relatively minor amount. However, she believed this would add up as a whole for the City and for this reason, she recommended the levy remain at 4.25%. Councilmember Holden asked how businesses would be impacted by the levy being reduced to 3.5%. Finance Director Bauman commented she would not be able to make these calculations at this time. Councilmember McClung understood the levy change was not significant, but for those residents who were struggling any decrease at all would assist them in 2021. Further discussion ensued regarding how a proposed levy reduction would impact commercial businesses in Arden Hills. Mayor Grant stated he could support the proposed reduction. Councilmember Scott commented renters were the ones who could least afford an increase in 2021. Councilmember McClung called the question. A roll call vote was taken. The amendment to decrease the Tax Levy for Taxes Payable in 2021 to 3.5% carried 4-1 (Councilmember Holmes opposed). Mayor Grant requested staff call the roll on the amended motion. A roll call vote was taken. The amended motion to decrease the Tax Lew for Taxes Payable in 2021 to 3.5% carried 4-1 (Councilmember Holmes opposed). Finance Director Bauman requested the Council make a motion on the Karth Lake Special taxing district for taxes payable in 2021. MOTION: Councilmember McClung moved and Councilmember Holden seconded a motion to adopt Resolution #2020-068 — Setting the Final Tax Lew — Karth Lake Special Taxing District for Taxes Payable in 2021. A roll call vote was taken. The motion carried (5-0). Finance Director Bauman requested the Council adopt the proposed 2021 budget. MOTION: Councilmember Holden moved and Councilmember McClung seconded a motion to adopt Resolution 42020-069 — Adopting the Proposed 2021 Budget with the change in taxes to reflect a budget of$3,715,930. A roll call vote was taken. The motion carried (5-0).