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CITY OF GEM LAKE, MN + 4200 Otter Lake Road Gem Lake, Minnesota 55110 -° RESOLUTION NO.2015-13 1.8 AUGUST 2015 A RESOLUTION ADOPTING THE PRELIMINARY..AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2016 WHEREAS, the City Treasurer -has presented a (Proposed) General Fund Budget of*$301,920:00. which includes a. Proposed) General Tax Levy .of $352,455.0%,... tax levy of $120,000 and -a Debt Tax Levy of $70;000.00 for fiscal :and calendar year, 2016 based upon best estimates of costs for running the. City of Gem Lake in 2.Q1.6; and WHEREAS; these estimates were reviewed by the City Council on 18 August, 201:5 and amended based upon. best information received from outside contractors and input from the City Council. NOW, 'THEREFORE BE*IT RESOLVED, that. the City Council of the City -of Gem Lakedoes formally adopt the 2016 Preliminary General Fund Budget of $397,820.00 Whiizh -includes a Preliminary General Tax. Levy of tJ$2,655.00 and. a Preliminary Debi Levy. of $70,00.0.00 for 2016 as prepared by the City Treasurer and..amended by the City CQunail; and BE IT FURTHER RESOLVED that the. City Clerk is charged with Certifying -said Tad and. Debt Levy to Ramsey County Property Taxation and other government bodies for whom this information is required. .rhe foregoing Resolution -Was offered by Councilor and. was: supported by Councilor and. was declared adopted based upon the. following. vote: NAME UZPEN BOSAK LINDNER KUNY ARTPG SWOMLEY Vote Attest I, WILLIAM F. SHORT,ffie duly qualified City Clerk for the City of Gem. -Lake, County of Ramsey; State. of:Minnesota, do hereby certify -that the foregoing Resolution. is -a true and accurate .representation of action taken by. the City Council of the. City of Gem Lake. -on -the date first written. WILLIAM F, SliORT, City Look for -us on the World Wide Web. at gemlakemn.org