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J CITY OF GEM LAKE, MN } _ - 4200 Otter Lake Road Gem Lake, Minnesota 55110 RESOLUTION NO.2014-15 16 SEPTEMBER 2014 A RESOLUTION ADOPTING THE PRELIMINARY AMOUNT TO BE RAISED BY PROPERTY TAXATION FOR THE YEAR 2015 WHEREAS, the City Treasurer has presented a (Proposed) General Fund Budget of $431,108.00 which includes a (Proposed) General Tax Levy of $369,819.00, a tax levy of $120,000 for 2015 Bonds and a Debt Tax Levy of $49,500.00 for fiscal and calendar year 2015 based upon best estimates of costs for running the City of Gem Lake in 2015; and WHEREAS, these estimates were reviewed by the City Council on 11 August, 2014 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 Lake does formally adopt the 2015 Preliminary General Fund Budget of $431,108.00 which includes a Preliminary General Tax Levy of $369,819.00, a tax levy of $120,000 for 2015 Bonds and a Preliminary Debt Levy of $49,500.00 for 2015 as prepared by the City Treasurer 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 County Property Taxation and other government bodies for whom this information is required. The 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 ARTIG- SWOMLEY Vote Attest I, WILLIAM F. SHORT, the 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. 16 August 2014 WILLIAM F. SHORT, City Clerk Look for us on the World Wide Web at gemlakemn.org