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CITY OF GEM ]LADE, MN <br />Jf 4200 Otter Lake Road <br />Gem Lake, Minnesota 55110 <br />RESOLUTION NO.201.7-12 <br />19 SEPTEMBER 2017 <br />A RESOLUTION ADOPTING THE PRELIMINARY AMOUNT TO BE RAISED BY <br />PROPERTY TAXATION FOR THE YEAR 2018 <br />WHEREAS, the City Treasurer has presented a (Proposed) General Fund Budget of $4793597.00 <br />which includes a (Proposed) General Tax Levy of $429,522.00 and a Debt. Tax; Levy of $84,399,00 <br />for fiscal and calendar year 2018 based upon best estimates of costs for running the City of Gem <br />Lake in NJ 8; and <br />WHEREAS, these estimates were reviewed by the City Council on .19 September, 2017 and <br />amended. based upon best information received from outside contractors and input. from the City <br />Council <br />NOW, 'THEREFORE BE IT RESOLVED, that the City Council of the City of Gem Lake does. <br />formally adopt the 2018 Preliminary General Fund Budget of $479,597.00 which includes a <br />Prelirriinary General Tax Levy of $4291522.00 and. a.Preliminary Debt Levy of $84,3.99.00 for 2018 <br />as prepared by the City Treasurer and amended by the: City Council; and <br />BE IT FURTHER RESOLVED that the City Clerk is. charged. with Certifying said Tax and Debt <br />Levy to. Ramsey .County Property Taxation and other government bodies for whom this information. <br />is required. <br />The foregoing Resolution was .offered by Councilor and was supported by <br />Councilor and was declared adopted based upon the fallowing vote:. <br />NAME UZPEN LMNER KUNY ARTIG- <br />SWOMLEY <br />Vote <br />Attest <br />I; WILLIAM F. SHORT; the duly qualified City Clerk for the City of Gem Lake,. County of <br />Ramsey,. State. of Minnesota, do hereby certify that the foregoing Resolution is a true and. accurate <br />representation of action taken by the City Council of the City of Geri. Lake on the date first written. <br />F. SHORT, City Clerk <br />Look for -us, on the World Wide Web At gendakemn.org <br />