HomeMy WebLinkAbout2019-011 REDUCING TAX LEVYCITY OF GEM LAKE, MN
City Hall - 4200 Otter Lake Road
Gem Lake, MN 55110
RESOLUTION NO.2019-11
17 DECEMBER 2019
RESOLUTION REDUCING TAX LEVY
PURSUANT TO MINNESOTA STATUTES,
SECTION 475.61
WHEREAS, there is on hand for General Obligation Bonds, the sum of
$1,1250 which is in excess of current requirements for payment of principal and
interest of said bonds;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF GEM LAKE, MINNESOTA:
1. That the Ramsey County Auditor be instructed to reduce the levy
for the year 2019 for collection in the year 2020 previously certified in
accordance with provisions of Section 475.61, Subd. 3 of Minnesota Statutes, as
follows:
ISSUED PROPOSED REDUCTION AMOUNT
LEVY LEVIED
GO REFUNDING 2015A $ 76,917.75 $ 0.00 $ 76,917.75
GO IMPROVEMENT 2018A $ 4,917.32 $ 1,125.00 $ 3,792.32
TOTAL $ 81,835.07 $ 1,125.00 $ 80,710.07
2. That a certified copy of this Resolution shall be submitted to the
Ramsey County Auditor by the City Council.
The foregoing Resolution was offered by Councilmember Artig-Swomley and was
supported by Councilmember Caciopppo and was declared adopted based upon the
following vote:
NAME
UZPEN
CACIOPPO
LINDNER
KUNY
ARTIG-
SWOMLEY
Vote
Yes
Yes
Yes
Absent
yes
Attest
I, Gloria Tessier, 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 my the City Council of the City of Gem Lake on
the -date first iritten.
17 DECEMBER 2019
OVORIA TESSIER, City Clerk
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