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CITY OF GEM LAVE, MN City Hall 4200 Otter Lake Road Gem Lane, MN 55110 RESOLUTION NO.2015-25 1.7NOVEMBER.2015 A RESOLUTION ADOPTING THE FINAL GENERAL FUND BUDGET AND FINAL AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2,016 WHEREAS, the City Treasurer has presented a TOTAL (Proposed) Budget of $1,031,062.00 which includes it General Tax Levy of$22.5,026.90 and a:Debt Tax:Levy of V0,000.00 for fiseal. and calendar year 2016 based upon hest estimates of costs for xunning.the City .of Gern Lake in 2016; and WHEREAS, the. City Council did review, on November I7; 2015; the TOTAL Budget and Tax Levy for 2016 including all revisions thereto as of the date. first %written. NOW, THEREFORE BE IT RESOLVED, that the City Council.of the City of Gem Lake does.fbrmally adopt the 2016 Final General Fund Budget of $353;870.00 and the Final Property Tax Levy.of $295,026.00 which includes: a General Tax Levy of $225,026.00. and a Debt Levy of $70,000.00 for 201.6 as prepared by the City Treasurer and amended by the City Council; BE IT. FURTHER RESOLVED that the City Clerk. is charged with Certifying said Tax and Debt Levy to Ramsey County Property Taxation and other government bodies for whom this information. is required, The foregoing Resolution. was offered by Councilor Lindner and was supported -by Councilor Artig=Swomley and was declared adopted based upon. the following vote; NAME i3ZPEN BOSAK. L DNER KUNY ARTIG- SWOMLEY Vote Y Y y Y Y Attest. 1, WILLIAM F. SHORT, the duly qualified City Clerk. for the City of Gern Lake, County of Ramsey, Slate of Minnesota, do hereby: certify that the fore going. Resolutioil. is a' true and accurate representation of action taken my the. City Council of the City of Gem Lake on the date: first written. F. SHORT, City Clerk Look %r us an Ili World Wide Web at ge;w1hkemn:org 63