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RES 2004-75 - 00013325RESOLUTION NO. 2004 - 75 A RESOLUTION CERTIFYING FINAL TAX LEVY REQUIREMENTS FOR 2005 TO THE COUNTY OF ANOKA WHEREAS, Chapter Seven, Section 7.02 of the Charter of the City of Fridley, grants the City the power to raise money by taxation pursuant to the laws of the State of Minnesota; and WHEREAS, Minnesota Statute Chapter 275, Section 065 requires the City to certify its proposed tax levy requirements to the County; and WHEREAS, in prior years, the City of Fridley received $2,045,663 in local government aid, which funds were applied to its operating budget and which resulted in a net tax reduction for its residents; and WHEREAS, the first special session of the Minnesota Legislature, in enacting Chapter 21 Article 5 reduced local government aid to the City of Fridley in the amount of $1,752,009, which reduction in aid would significantly reduce the funds available to the city to meet its obligations; and WHEREAS, the Fridley City Charter expressly limits any levy increase in any given year to the lesser of 5% or the rate of inflation absent express voter approval; and WHEREAS, the Minnesota Legislature expressly overrode local charter provisions when it provided that any reduction in state aid that was the result of its legislation could be made up by local governments through a property tax levy upon approval of the City Council; and WHEREAS, chapter 127, Article 2, Section 17 of the Minnesota 2003 Session Laws exempts the City from the tax levy charter restrictions to allow the city to levy up to 100% of the LGA loss; and WHEREAS, Minnesota Statutes Section 275.73 provide for this levy to be calculated under net tax capacity. NOW THEREFORE, BE IT RESOLVED, that the City of Fridley certify to the Count of Anoka, State of Minnesota, the following proposed tax levy to be levied in 2004 for the year 2005. GENERAL FUND General Fund $7,398,970 General Fund (Additional Levy for Springbrook Nature Center) $ 275,000 CAPITAL PROJECT FUND Capital Improvement Fund - Parks Division 97,500 Capital Improvement Fund - Streets Division 281,379 Resolution No. 2004 -75 Page 2 AGENCY FUND Six Cities Watershed Management Organization 6,200 Stonybrook Creek Sub - Watershed District 8,900 TOTAL ALL FUNDS $8,067,949 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 13th DAY OF DECEMBER, 2004. Scd1rt J. and ayor ATTEST: "aA Debra A. Skogen, Ciq Clerk