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RES 11-44RESOLUTION NO. 2011-44 CITY OF OTSEGO COUNTY OF WRIGHT, MINNESOTA A RESOLUTION SETTING A PRELIMINARY TAX LEVY OF $4,261,000 FOR 2012 BUDGET APPROPRIATIONS WHEREAS, the Otsego City Council is required by State law to establish a preliminary tax levy for 2012 by September 15, 2011. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF OTSEGO, MINNESOTA. 1. That there is hereby approved for proposed expenditure from general taxes the following amounts for the following purposes: General Government $3,836,000 G. O. Street Improvement Debt Service $ 275,000 Public Works Building Debt $ 150,000 Total Tax Levy $4,261,000 2. That a copy of this resolution be transmitted to the Wright County Auditor. MOTION BY: SECOND BY: CM SCHROEDER CM DARKENWALD ALL IN FAVOR: MAYOR STOCKAMP; COUNCILMEMBERS: SCHROEDER, DARKENWALD, HEIDNER AND SCHARBER THOSE OPPOSED: NONE ADOPTED by the City Council of the City of Otsego this 12th day of September 2011. ATTEST: Tami Loff, City Clerk CITY OF OTSEGO 1