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89-7540RRESOLUTION NO. 7540 RESOLUTION ADOPTING A BUDGET FOR THE YEAR 1990 AND LEVYING TAXES WHEREAS, Resolution No. 7532 appropriated funds for personal services, other expenses and capital outlays for each Department of the City for the year 1990, and WHEREAS, the City Charter, Chapter 7, Section 7.09 gives the City Council authority to transfer unencumbered appropriation balances from one office, department, or other agency to another within the same fund at the request of the City Manager, and WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy to be certified to the County Auditor by August 1, and then recertified on August 15. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. The budget for the City is hereby approved and each of the departments of Richfield for the year 1990 adopted with appropriations for to be as follows: GENERAL FUND Legislative Executive Administrative Services Community Development Public Safety Community Services $ 248,230 424,070 999,340 284,710 5,923,050 4,310,240 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 3. There is hereby levied upon all taxable property in the City of Richfield a direct ad valorem tax in the year 1989, payable in 1990 for the following purposes and in the following amounts: PURPOSE AMOUNT GENERAL FUND* $ 5,220,628 Resolution No. 7540 *Provision has beer. payment of the Cit Employees' Retiren Fireman's Relief ~ been made in the G levy that include: amount of $250,00( See separate reso] Page 2 made in the General Fund for the Y's contributory share to the Public ent Association and the Police and ssociations. Provision has also eneral Fund revenues for general a a debt service levying in the for Bonds of 1977, 1978, and 1983. utions on other bond issues. 4. The budget for th~ Housing and Redevelopment Authority of Richfield for the year 1990 is hereby ratified and approved. There i~s hereby levied upon all taxable property in the Ci,Ilty of Richfield a direct ad valorem tax in the year 19~I89, payable in 1990 for the following purposes: PURPOSE Housing and R Authority Relocation Znf and Assist t AMOUNT $ 93, 584 ion, Services $ 9, 243 5. A certified copy of this resolution shall be transmitted to the County Auditor. Passed by the City Council of this 14th day of August, 19819. the City of Richfield, Minnesota, ATTEST: I d~! Thomas P. Ferber City C1'ierk