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City Council Resolution 1986-23RESOLUTION 86-23 RESOLUTION ADOPTING 1987 BUDGET AND SETTING THE TAX LEVY WHEREAS, the City Administrator has prepared and submitted to the City Council a budget setting forth therein his estimated needs of the City of Monticello for all operations and the debt service for the fiscal year commencing January 1, 1987, and; WHERAS, the City Council has reviewed the same, and has made such changes therein as appeared to be in the best interest of the City of Monticello; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF MONTICELL02 that the budget so submitted by the City Administrator, together with the changes made therein by the City Council be, and same hereby is, adopted as a budget for the fiscal year commencing January 1, 19872 and; BE IT FURTHER RESOLVED, by the Council of the City of Monticello, that there be, and hereby is, levied for the fiscal year commencing on January 1, 1987, and the following sums for the respective purposes indicated therein, upon the taxable property of the City of Monticello to wit: General $ 740,850.00 Library 21,600.00 Shade Tree 24,550.00 OAA 28,550.00 HRA 5,550.00 DEBT RETIREMENT Debt Service Fund 755,800.00 CAPITAL IMPROVEMENTS Capital Improvement Revolving TOTAL TAX LEVY The above Resolution was introduced by Councilmember was duly seconded by Councilmember Bill Fair the following voting in favor thereof: 100,000.00 $1,676,900.00 Fran Fair , Arve Grimsmo, Fran Fair, Bill Fair, Jack Maxwell, Dan Blonigen The following voting in the opposition: None. with Resolution 86-23 Page 2 The City Administrator is hereby instructed to transmit a certified copy of this Resolution to the County Auditor of Wright County, Minnesota. Dated: 14 October, 1986 �\ CITY OF MONTICELLO Arve A. Grimsmo, Mayor ATTEST: Thomas A. Eidem City Administrator