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03-88RESOLUTION NO. 2003-88 CITY OF OTSEGO COUNTY OF WRIGHT, MINNESOTA A RESOLUTION SETTING A TAX LEVY OF $1,673,967 FOR 2004 BUDGET APPROPRIATIONS WHEREAS, the Otsego City Council is required by State law to establish a final tax levy for 2004 by December 17, 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 2003 Debt Service $ 289,632 Equipment Certificate $ 26,000 Total Tax Levy $1,673,967 Dated this 8th day of December, 2003 CITY OF OTSEGO Lard Fournier, Mayor ATTEST: _ .Clerk—