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CITY OF GEM LAKE <br />RESOLUTION NO. 94-12 <br />WHEREAS, the City Council of the City of Gem Lake wishes to comply <br />with the Truth In Taxation Laws of the State of Minnesota,:and <br />WHEREAS, compliance With said laws: requires a public hearing to be: <br />scheduled and held on said scheduled date to hear public comments <br />on proposed City budgets and property tax levies' by the City, and <br />WHEREAS, said levies shall truthfully reflect the City's projected <br />revenue needs for fiscal year 1995 in accordance with the City's <br />19:95 budget, and <br />WHEREAS, the City Council of the City of Gem Lake did convene at <br />it's regular meeting on 08 August 1994 to discuss said budget and <br />levies; <br />NOW THEREFORE BE IT RESOLVED that the City :Council of the City of <br />Gem Lake does hereby .empower the City Clerkto establish a 1995 <br />final City Budget of ninety-two thousand four -hundred ($92,4.00) <br />dollars which includes .eighty--f.our thousand ($.84:, 000) dollars of <br />regular tax revenues and eighty-four hundred ($.8.,40)) dollars of <br />HACA, and <br />BE IT FURTHER RESOLVED that said amount be reported to the Ramsey <br />County Department of Property Taxation and Records, Revenue <br />Division - Tax Accounting Department for purposes of public record, <br />and <br />BE IT FURTHER RESOLVED that a Truth -In -Taxation Public Hearing <br />shall be held at 7:00 p.m. on. 8 December 1994 in the first floor <br />meeting room of Tousley Ford located at 1493 County Road E East in <br />the City of Gem Lake to hear public comment on the City's proposed <br />19.95 budget and property tax levy with a continuation date of 14 <br />December 1994 for additional comment, should it. be .neces:sary, and <br />BE IT FURTHER RESOLVED that the City Clerk shall place in the <br />City's legal publication all such notices as shall be required to <br />comply with the Truth -In -Taxation Laws. <br />DATED: 08 August 1.9:94. <br />