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MINUTES OF TRUTH IN TAXATION HEARING <br />08 DECEMBER.1994: <br />PROPOSED 1995 PROPERTY TAX LEVY <br />A Public Hearing on "TRUTH -IN -TAXATION" was convened at 7:08 <br />p.m..by:Mayor Emeott on 08 December 1994.in the first floor meeting <br />room of Tousley Ford, 1493 East County Road E, Gem Lake, Ramsey, <br />Minnesota. 55110 as advertised by Ramsey County Property Taxation <br />via direct mail toall Gem Lake residents. The puLpose of the <br />hearing was to receive public comment on the Proposed 1995 Tax Levy <br />for the City of Gem Lake, Ramsey County, Minnesota. <br />In attendance were Mayor Emeott, Councilmembers Nielsen, <br />Birkebak, McPhillips, and Igo, and Treasurer Nordstrom. Each person <br />in attendance was provided a copy of the Proposed 1995 Budget for <br />Gem Lake, a copy of which is attached hereto. as Exhibit "A". <br />In opening remarks, Mayor Emeott stated the purpose of the <br />hearing and made brief remarks regarding the Truth In Taxation Law <br />and it'srequirements in 1994. He also stated that Gem Lake <br />contracts for all it's services and, therefore, the budget will <br />reflect actual or anticipated charges from vendors to the City. <br />Mayor. Emeott also stated that no major increases in this years <br />budgetresulted from conservative fiscal planning and management of <br />the City's finances. <br />Mayor Emeott then noted .that.a Continuation Hearing would be <br />held on 14 December 1994 if .all public comment could not be heard <br />during the timealloted this evening. <br />In the absence ❑f Clerk Magnuson, Treasurer Nordstrom was then <br />recognized and asked that those present hold questions and comments <br />regarding each segment of the budget until that segment had been <br />presented. He further noted that no written comment had been <br />received as of the date of the hearing. Treasurer Nordstrom then <br />proceeded with presentation of the Proposed 1995 Budget, commencing <br />with receipts and concluding with disbursements. <br />Subsequent to Treasurer Nordstrom's presentation, Mayor Emeott <br />opened the floor for comment and discussion. No concern was raised <br />regarding the City's proposed budget. <br />There being no further business, the public hearing was <br />adjourned at 7:25 p.m. <br />DATED: :.08 December 1994 <br />Richard Nordstrom, Treasurer <br />