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12-7-98 agenda• CITY OF RICHFIELD MONDAY, DECEMBER 7, 1998 SPECIAL CITY COUNCIL MEETING 7:00 P.M. COUNCIL CHAMBERS AGENDA CALL TO ORDER ROLL CALL 1. TRUTH IN TAXATION PUBLIC HEARING REGARDING 1999 PROPERTY TAX LEVY AND 1998 REVISED/1999 PROPOSED BUDGET COUNCIL LETTER NO. 299 ADJOURNMENT AUXILIARY AIDS FOR INDIVIDUALS WITH DISABILITIES ARE AVAILABLE UPON REQUEST. REQUESTS MUST BE MADE AT LEAST 96 HOURS IN ADVANCE TO THE ADMINISTRATIVE SERVICES DIRECTOR AT 861-9702. 0 CITY OF RICHFIELD, MINNESOTA Council Letter No. 299 Agenda December 7, 1998 Issue Statement: Conduct a truth in taxation public hearing regarding the 1999 property tax levy and 1998Revised/1999 Proposed budget. Background: Prior to September 15, 1998, the City Council adopted the 1999 proposed property tax levy and selected December 7, 1998 as the date for the statutory truth in taxation public hearing. Hennepin County has now mailed proposed 1999 property tax statements to property owners in Richfield which are based upon the proposed levy and announce the date of the public hearing. The City Council must now conduct the public hearing, taking testimony from the public as presented. After closing the hearing, the City Council must consider the information presented and adopt a final levy including the 1998 Revised/1999 Proposed budget at another date. If the public testimony cannot be concluded on December 7, the hearing must be continued to December 14, 1998. The official action to adopt a final levy cannot be considered at a meeting date when public testimony is accepted. Thus, if the truth in taxation public hearing is completed and closed on December 7, 1998, action on the levy should be taken at the regular City Council meeting of December 14, 1998. Recommended Motion: Conduct the truth in taxation public hearing and schedule final action on the levy and budget items for the regular City Council meeting of December 14, 1998. Basis of Recommendation: 1. Minnesota Statute mandates the truth in taxation public hearing which must be conducted on December 7, 1998. 2. All publications and notifications have been made pursuant to law. 3. If the public hearing is concluded on December 7, it would be desirable to schedule the final adoption action on December 14, 1998 to allow ample time to conclude the truth in taxation process prior to the deadline of December 28. Alternative Recommendation: 1. None with respect to conducting the public hearing, as it is mandated by state law. 2. If a second hearing is necessary then the final action on the levy must be postponed until after December 14. Discussion/Decision Mode: Conduct the truth in taxation public hearing on December 7 according to published notice and state law. Respectfully submitted, Jame . Prosser City Manager JDP:cak