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89-7563RL RESOLUTION NO. 7563 RESOLUTION ADOPTING A PROPOSED BUDGET AND TAX LEVY FOR THE YEAR 1990 WHEREAS, Resolution No. 7532, dated July 19, 1989, and Resolution 7540, dated August 14, 1989, appropriated funds for personal services, other expenses and capital. outlays for each Department of the City and. adopted a proposed tax levy for the year 1990; and WHEREAS, the compromise tax bill passed in September, 1989, made major adjustments in state aids and levy limits payable to Minnesota cities, and WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy to be certified to the County Auditor by November 15, and then certified as a final levy on or before December 28. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. The budget for the City of Richfield for the. year 1990 is hereby. approved and adopted with appropriations for each of the departments to be as follows: GENERAL FUND Legislative $ 248,230 Executive 424,070 Administrative Services 999,340 Community Development 284,710 Public Safety 5,923,050 Community Services 4310,240 TOTAL GENERAL FUND 12,189,640 2. The estimated gross revenue of the City of Richfield from all sources, including general ad valorem tax levies as hereinafter set forth for the year 1990, which are more fully detailed in the City Manager's official copy of the budget, are hereby found and determined to be as follows: GENERAL FUND $12,113,870 Resolution No. 7563 Page 2 3. There is hereby 1E City of Richfield 1989, payable in the following amot PURPOSE GENERAL FUND* *Provision has be payment of the Ci Employees' Retire Fireman's Relief made. in the Gener that includes a d $250,000 for Bond separate resoluti 4. The budget for th of Richfield for approved. There property in the C tax in the year 1 purposes: PURPOSE AMOUNT Housing and Redevelopment Authority ', $ 151,422 Relocation Information, Services and Assistance $ 15,027 5. A certified copy of this resolution shall be transmitted to the County Auditor. Passed by the City Council of the City of Richfield, Minnesota, this 13th day of November, 1989. i ATTEST: -~ c Thomas P. Ferber City Clerk vied upon all taxable property in the a direct ad valorem tax in the year 990 for the following purposes and in nts: AMOUNT $ 6,119,510 n made in the General Fund for the y's contributory share to the Public. ent Association and the Police and ssociations. Provision has also been 1 Fund revenues-for a general levy bt service levying in the amount of of 1977, 1978, and 1983. See ns on other bond issues. Housing and Redevelopment Authority he year 1990 is hereby ratified and s hereby levied upon all taxable ty of Richfield a direct ad valorem 89, payable in 1990 for the following