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12-3-97 agenda~~ . CITY OF RICHFIELD WEDNESDAY, DECEMBER 3, 1997 SPECIAL CITY COUNCIL STUDY SESSION 6:00 P.M. COUNCIL CHAMBERS AGENDA CALL TO ORDER ROLL CALL I. 6:00-7:00 P.M. ANNUAL MEETING WITH LOCAL LEGISLATORS TO DISCUSS 1998 LEGISLATIVE INITIATIVES AND POLICIES ADJOURNMENT SPECIAL CITY COUNCIL MEETING 7:00 P.M. COUNCIL CHAMBERS AGENDA • CALL TO ORDER ROLL CALL 1. TRUTH IN TAXATION PUBLIC HEARING REGARDING 1998 PROPERTY TAX LEVY AND 1997 REVISED/1998 PROPOSED BUDGET COUNCIL LETTER NO. 295 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. • CITY OF RICHFIELD, MINNESOTA • Council Letter No. 295 Agenda December 3, 1997 Issue Statement: Conduct a truth in taxation public hearing regarding the 1998 property tax levy and 1997 Revised/1998 Proposed budget. Background• Prior to September 15, 1997, the City Council adopted the 1998 proposed property tax levy and selected December 3, 1997 as the date for the statutory truth in taxation public hearing. Hennepin County has now mailed proposed 1998 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 1997 Revised/1998 Proposed budget at another date. If the public testimony cannot be concluded on December 3, the hearing must be continued to December 10, 1997. The ofFcial 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 3, 1997, action on the levy should be taken at the regular City Council meeting of December 8, 1997. 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 8, 1997. Basis of Recommendation: 1. Minnesota Statute mandates the truth in taxation public hearing which must be conducted on December 3, 1997. 2. All publications and notifications have been made pursuant to law. 3. If the public hearing is concluded on December 3, it would be'desirable to schedule the final adoption action on December 8, 1997 to allow ample time to conclude the truth in taxation process prior to the deadline of December 29. 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 10, 1997. Discussion/Decision Mode: Conduct the truth in taxation public hearing on December 3 according to published notice and state law. Respec ully submitted, Jam D. Prosser City Manager JDP:cak • •