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CITY OF GEM. LAKE' <br />RESOLUTION NO.2003-02 <br />OI ,January 2003 <br />.W FiEREAS, the City Clerk prepared. a 2Q03 General Funti.l3gdgettliat inCludett a tax levy:af <br />over the. $130,000 or an increase:uf$7.000 <br />e preliminary levy of August, 20Q2; and <br />WHEREAS, State of Minnesota statutes prohibit approval and certification ofany tax levywhith:exceeds the.. preliminary levy <br />adopted in August of..the fiscal year priot to the year for which the. levy will beimposed; and <br />WHEREAS, Ramsey County ProgertyRecords*and Revenue has advised thd:City Clerk of such regulations: <br />RESOLVED, that the City Council dithe City ofGeni Lake does.hereby amend the 2003 tax levy to S 123;000; and <br />FURTHER RESOLVED;that the additional $7,000 requiredu maintain the budget adopted shall be transferred from current <br />Ivoiicral hind investments with adjustments in the budget to represerit these changes. <br />The foregoing Resolution was offered by Cuncil Member Watson.and was supported by (:ounciJ Member Bosak:and <br />vac. declared adopted based upon a unanimous vote: <br />A'rTEST <br />1, the undersigned,being the. duly qualified and appointed Clerk of the.:City of Gem Lake, Ramsey County, Minnesota, <br />do hereby certify that I have carefully compared the attached and foregoing extract of riiinutes. of a regular meeting of the City <br />Council of the City of Gern Lake and that said extract is a.true.and aeourate representation of the intent and action taken, <br />Frederic C. Magnuson, City Cleric <br />certif feb �oPB <br />Dated <br />e-hle: resoiutio�rsL?OI}3.11tr tvo2003=Q2 <br />