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RES 18-79CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2018-79 SETTING A FINAL PROPERTY TAX LEVY FOR TAXES PAYABLE IN 2019 WHEREAS, the Otsego City Council has on December 10, 2018, held a public meeting to allow for public comment before adopting a final budget and certifying a final property tax levy; and WHEREAS, the Otsego City Council is required by State Statute to establish a final property tax levy for taxes payable in 2019 by December 28, 2018 and certify the final property tax levy to the Wright County Auditor; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA: That a tax is hereby levied for collection in 2019 upon all taxable properties in the City of Otsego for the purpose and sums as follows: General Revenue $5,915,000 Tax Abatement 60,816 GO Improvement Bonds, 2010B 450,000 GO Improvement Bonds, 201 OD 106,147 GO Improvement Bonds, 2011A 98,853 GO Improvement Bonds, 2018A 79,293 Total Tax Levy 6 710 109 ADOPTED by the Otsego City Council this 10th day of December, 2018. Tanner MOTION made by Council Member Warehime CITY OF OTSEGO (17 VN t- A k 2A a tl � Jessica Stockaml , Mayor ATTEST: szm��. Tami Loff, City Cleric and SECONDED by Council Member INFAVOR: Stockamp, Tanner, Heidner, Warehime OPPOSED: None 2