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03-74RESOLUTION NO. 2003-74 CITY OF OTSEGO COUNTY OF WRIGHT, MINNESOTA A RESOLUTION SETTING A PRELIMINARY TAX LEVY OF $1,673,967 FOR 2004 BUDGET APPROPRIATIONS WHEREAS, The Otsego City Council is required by State law to establish a preliminary tax levy for 2004 by September 15, 2003. 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 sums for the purpose indicated. General Government $1,303,335 1999 Overlay Debt Service $ 55,000 Equipment Certificate $ 26,000 2003 Debt Service $ 289.632 Total Tax Levy $1,673,967 Dated this 8th day of September, 2003 ATTEST: • _ _ Is w1 /vs & CITY OF OTSEGO La 7 Fournier, Mayor