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ARDEN HILLS CITY COUNCIL—December 14, 2009 10 SC. Authorization to Lease a RISO HC5500 Color Printer (continued) Mayor Harpstead stated he would not support this at this time because other departments had not had a chance to provide input on this piece of equipment and determine if it would meet their needs. Councilmember Grant stated he would like to look at the analysis before making a decision. MOTION: Councilmember Grant moved and Councilmember Holden seconded a motion to table the motion to Authorize Staff to Enter into a Lease Agreement with Pitney Bowes to Lease a RISO HC5500 Document Printer at a Cost of $511 Per Month to the December 21, 2009, City Council Meeting. The motion carried unanimously (5-0)1. 6. PUBLIC HEARINGS A. Truth In Taxation Hearing Finance Director Sue Iverson explained why taxes vary from year to year including the market value of properties, referendums which are approved and Federal and State mandates. She also reviewed fiscal disparities, limited market value, and tax increment financing. She explained how property tax was calculated, the property tax impact, and the 2010 key budget elements. She provided the Council with a tax rate comparison with the surrounding areas, and the City's proposed general fund revenue and estimated expenditures, as well as the overall City budget for revenues and expenditures. Mayor Harpstead opened the Public Hearing at 7:15 p•m• Mayor Harpstead read a letter received from Ms. Dorothy McClung, 4370 N. Snelling Ave., Arden Hills, which stated concerns about the property tax increase that is being proposed by the Council. She expressed that the increase was excessive. Manor Harpstead closed the Public Hearing at 7:18 P.m Councilmember Holden asked what was included in the Emergency Management category. Public Works Director Greg Hoag stated that this category included a portion of his salary and about $25,000 for the replacement of a siren in case one fails.