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12-4-96 agendaCITY OF RICHFIELD WEDNESDAY, DECEMBER 4, 1996 SPECIAL CITY COUNCIL MEETING 7:00 P.M. COUNCIL CHAMBERS AGENDA • CALL TO ORDER 1. TRUTH IN TAXATION PUBLIC HEARING REGARDING 1997 PROPERTY TAX LEVY AND 1996 REVISED/1997 PROPOSED BUDGET COUNCIL LETTER NO. 350 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. 350 Agenda December 4, 1996 Issue Statement: Conduct a truth in taxation public hearing regarding the 1997 property tax levy and 1996 Revised/1997 Proposed budget. Background: Prior to September 15, 1996, the City Council adopted the 1997 proposed property tax levy and selected December 4, 1996 as the date for the statutory truth in taxation public hearing. Hennepin County has now mailed proposed 1997 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 1996 Revised/1997 Proposed budget at another date. If the public testimony cannot be concluded on December 4, the hearing must be continued to December 11, 1996. 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 4, 1996, action on the levy should be taken at the regular City Council meeting of December 9, 1996. i 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 9, 1996. Basis of Recommendation: 1. Minnesota Statute mandates the truth in taxation public hearing which must be conducted on December 4, 1996. 2. All publications and notifications have been made pursuant to law. 3. If the public hearing is concluded on December 4, it would be desirable to schedule the final adoption action on December 9, 1996 to allow ample time to conclude the truth in taxation process. December 27 is the last possible day that adoption of final levy may take place. On or before December 30 a final levy must be certified to the County Auditor. Alternative Recommendation: None with respect to conducting the public hearing, as it is mandated by state law. Discussion/Decision Mode: Conduct the truth in taxation public hearing on December 4 according to published notice and state law. Respe fully submitted, Jam TsD. Prosser City Manager JDP:cak