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12-04-00 CCCity of Otsego Truth -in -Taxation Meeting December 4, 2000 Otsego City Hall 1. Welcome- Maya LaryFob Mayor Fournier called the Truth -in -Taxation Meeting to order at 6:35 PM. Attendance: Mayor Larry Fournier; Councilmembers: Vern Heidner, Virginia Wendel, Suzanne Ackerman, Richard Nichols. Council elect Jerry Struthers. Staff: Mike Robertson, City Administrator; Judy Hudson, Deputy Clerk. There were no other attendees from the public. 2. Presentation of 2001 B ,dgQI byCity Administrator, Mike Robertson- Mike oi'eisonMike Robertson gave a brief presentation of the City's valuation history, expenditures from 1999 to 2001, changes in Otsego Market Values and Tax Capacities. The proposed levy increase is 4.5% with the tax rate going down 9%. 3. Audience Question None 4. Ado �rnmPnt CM Ackerman motioned to adjourn. Seconded by CM Wendel. All in favor. Motion carried. Meeting adjourned at 6:47 PM. Mayor Larry Fournier Attest: Judy Hudson, Deputy Clerk Recorded by: Judy Hudson City Seal