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:CITY OF GEM LAKE RESOLUTION ,NO.2006-28 14: SEPTEMBER 2006 WHEREAS, the. City Clerk -has presented a (Propos.e.d) Budget of $44.4,80 which ind1Udes'a (Proposed) Taz Levy of S3 i t,19Tarrd..a Debt Levy of . OQ,a00 for fiscal and calendar year 2007 based upon blest estimates of costs for running the City ofGem-Lake in 2007, nitd WHEREAS, theseestimates were reviewed by the City Council on.21 August,2006 and 14 September, 2006 and amended based upon best information received from outside contractors and input from the City Council, and revised by the City Council on. 14 September, 2006, and W I E REAS. the City Council did review the (Proposed) Budget and Tiix and Debt levy for 2007, including all revisions thereto as of the date first written. NOW TH EREFORE:.BE IT RESOLVED, that the City -Council of the City. of. Gem Lake does formally adopt the.2007 Pi-elini.inary General Fund Budget of $444,857 which..includes a.Net PropeityTak Leiiy of $311,1.97 and a Net Debt Leyy.of �300;()00 for 1007 as prepared by the .City Clerk and amended by the .City Council; and BE IT FURTHER RESOLVED that the City .Clerk is charged with Certifying; said Tax and Debt Levy to Ramsey Count' Property Taxation and other.government bodies for whom this infonnation is required: Tire foregoing Resolution Nvas offered'by Councilor Bosgk -and was supported by Cbuniciloc Sclrilllirg and was declared: Merl based ttpon the followine vote: NAME EMEOTT VOTE Ave. WA.'�N. :' `'SCRTL�;IIYG ..:�. %�ASMi13SEN � BOSAK Aye Aye I Absent ATTEST 1, i rede.ric C. Magnuson, tile: duly qualified City Clerk of ttte City of Getty Lake, County of Ramsey,:Stat.e of Minnesota, do hereby certify that the foregoing Resolution is a true and accurate representation of action taken by the City Council of tite City of Gem Lake on the date first written. a%"xP,42� e �T.Ct6O?L Frederic C, Magnuson, City Clerk Certif ieb CopB Date -14 .10&mkx 206ie eiile. reso1ud0nsQU06WQ 06-28 Page 5 of 8