City Council Resolution 2013-100CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2013-100
RESOLUTION ESTABLISHING THE 2014 PROPERTY TAX LEVY AND
AUTHORIZING CANCELLATION OF CERTAIN DEFERRED TAX LEVIES
WHEREAS, the Finance Director has prepared and submitted to the City Council a budget setting
forth therein his estimated needs of the City of Monticello for operations, capital improvements
and debt service for the fiscal year commencing January 1, 2014; and
WHEREAS, the City Council has reviewed the same and has made such changes therein as appear
to be in the best interest of the City of Monticello;
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Monticello as
follows:
SECTION I. There is hereby levied upon all taxable property in the City of Monticello
a direct ad valorem tax collectible in 2014 for the following purposes and in the following
amounts:
SECTION II. It is hereby determined that sufficient monies are now on hand, or will be
when needed, for the payment of principal and interest to come due during the year 2014 for
certain bond issues outstanding of the City of Monticello.
SECTION III. The Treasurer - Auditor of Wright County is hereby authorized and
directed, pursuant to the provisions of Section 475.61, Minnesota Statutes Annotated, to cancel or
otherwise amend the levies for said indebtedness heretofore made to be levied for the year 2013
for collection in the year 2014 as follows:
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G.O. Bonds, Series 2007A
$ 368,126
$ 540,000
$ 171,874
G.O. Bonds, Series 2008B
1 048,995
500,000
548,995
G.O. Bonds, Series 2010A
216,864
-
216,864
G.O. Bonds, Series 2011A
460,812
223,000
237,812
G.O. Bonds, Series 2013A
61,727
-
61,727
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SECTION IV. The City Clerk is hereby instructed to transmit a certified copy of this
resolution to the Treasurer - Auditor of Wright County, Minnesota.
ADOPTED BY the Monticello City Council this 9th day of December, 2013.
CITY OF MONTICELLO
Clint Herbst, Mayor
ATTEST:
J ill, City Administrator
VAVA
The foregoing resolution was introduced by Councilmember Lloyd Hilgart
and was duly seconded by Councilmember Tom Perrault.
The following voted in favor: Clint Herbst
Lloyd Hilgart
Tom Perrault
Glen Posusta
The following voted in opposition: None
Council Member Brian Stumpf was not present for this meeting.
CERTIFICATION
STATE OF MINNESOTA
COUNTY OF WRIGHT
I hereby certify that the foregoing is a true and correct copy of a resolution duly passed,
adopted and approved by the Monticello City Council at their scheduled meeting on December 9,
2013, and recorded in minutes of said meeting.
Jeff O' 'f ity Administrator
Notary Public: W i
Date:
KERRY T. BURR!
•" NOTARY PUBLIC • MINNESOTA
My Commission Expires Jan. 31, 2015