00-26RESOLUTION NO. 00-26
CITY OF OTSEGO
COUNTY OF WRIGHT, MINNESOTA
A RESOLUTION APPROVING AN INCREASE IN THE TAX LEVY
WHEREAS, the Minnesota State Legislature has
enacted a law which requires local governments to
adopt a resolution approving a tax increase when
their tax levy increases from one year to the next;
and,
WHEREAS, the City of Otsego's tax levy was $838,883
in 2000;
WHEREAS, the City of Otsego's preliminary tax levy
for 2001 is proposed to be $877,787;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF OTSEGO, MINNESOTA:
1. That the higher tax levy for 2001 is hereby
authorized by the City Council. The City Council
reserves their right to lower the 2001 tax levy by
its Truth -in -Taxation public hearing on Monday,
December 4, 2000 at 6:30 p.m. The City Council
takes this action tonight because it is mandated by
state law to do so by October 20, 2000.
Dated this 9th day of October, 2000
CITY OF OTSEGO
Larr, o rnier, Mayor
ATTEST:
Elaine Beatty, Ci Cle