12-04-06 Special
CITY OF RICHFIELD, MINNESOTA
SPECIAL CITY COUNCil ME,ETING
MONDAY, DECEMBER 4, 2006
COUNCIL CHAMBERS
6700 PORTLAND AVENUE
6:30 P.M.
AGENDA
Call to order
Roll call
1. Truth in Taxation public hearing regarding 2007 property tax levy and 2006
revised/2007 proposed budget and proposed 2007 water, wastewater and storm
sewer utility rates
Staff Report No. 257
Notes:
Adjournment
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be made at least 96 hours in advance to the City Clerk at 612.861.9738.
AGENDA ITEM # 1
REpORT # 257
.......
STAFF REpORT
RICHFIELD
. CITY COUNCIL MEETING
DECEMBER 4, 2006
REpORT PREPARED By:
CHRIS REGIS, FINANCE MANAGER
NAME, TInE
COUNCIL PRESENTER:
REVIEWED BY CITY MANAGER:
ITEM FOR COUNCIL CONSIDERATION:
Conduct a truth in taxation public hearing regarding the 2007 property tax levy and 2006
Revised/2007 Proposed budget and proposed 2007 water, wastewater and storm sewer utility
rates.
I. RECOMMENDED ACTION:
Conduct and close the truth in taxation public hearing and by motion:
schedule final action on the levy and budget items and utility rates for
the regular City Council meeting of December 12, 2006.
I II. BACKGROUND. I
. At the September 12, 2006 City Council meeting, the City Council adopted
the 2007 proposed property tax levy and selected December 4, 2006 as the
date for the statutory truth in taxation (TNT) public hearing.
. Hennepin County has mailed the proposed 2007 property tax statements to
property owners in Richfield, which are based upon the proposed levy and
. announce the date of the public hearing.
I III. BASIS OF RECOMMENDATION I
I A. POLICY I
. Minnesota Statute mandates the TNT public hearing, which must be
conducted on December 4, 2006.
. All publications and notifications have been made pursuant to law.
1204TNT
. If the public testimony cannot be concluded on December 4, 2006, the
hearing must continue to December 11, 2006.
I B. CRITICAL ISSUES I
. If the public hearing is concluded on December 4, it would be
desirable to schedule the final adoption action on December 12, 2006
to allow ample time to conclude the TNT process prior to the deadline
of December 27,2006.
I C. FINANCIAL
. N/A
I D. LEGAL I
. The official adoption of the final levy and budget cannot occur at the
initial TNT hearing or at the continuation hearing, if one is held. A
subsequent meeting is required for adoption.
. The subsequent meeting for official adoption, must be held at least
one day after the initial TNT hearing or, if a continuation hearing is
held, either immediately after the continuation hearing or on a date
following the continuation hearing.
. A subsequent meeting may be held at a regularly scheduled Council
meeting or a Special Council meeting, but must be completed by
December 27,2006.
I IV. ALTERNATIVE RECOMMENDATION(S) I
. None with respect to conducting the public hearing, as it is mandated by
State law.
. If a continuation hearing is necessary then the final action on the levy must
be postponed until after the December 11, 2006 continuation hearing. Final
action could then be taken at the December 12, 2006 Regular City Council
meeting.
I V. ATTACHMENTS
. None.
I VI. PRINCIPAL PARTIES EXPECTED AT MEETING
. None.
.