Res 2000-88 RESOLUTION NO. 88 -2000
A RESOLUTION RELATING TO THE CITY OF FRIDLEY'S
TAX RATE AUTHORIZATION FOR THE YEAR 2001
WHEREAS, the State of Minnesota has enacted Chapter 243, Laws of Minnesota 1999,
Article 6, Section 2 requiring a city council to have adopted and filed an authorizing resolution if its
city's tax rate turns out to be higher the following year than a theoretical tax rate for the previous year
under the law; and
WHEREAS, the City of Fridley is proposing to levy $4,225,071 for taxes payable 2001 as
compared to $4,035671 for taxes payable in 2000; and
WHEREAS, if the pay 2001 levy were divided by the pay 2000 tax capacity, the tax rate
would increase over pay 2000; and
WHEREAS, the proposed budget was prepared with a commitment to continue the highest
level of service while minimizing any increase in the 2001 city tax rate; and
WHEREAS, due to increasing costs and increased demands for services, the budget proposes
to increase dollars levied to support this budget;
NOW, THEREFORE, BE IT RESOLVED that the City council of the City of Fridley
acknowledges that the tax rate for the City of Fridley for taxes payable 2001, is higher than the tax rate
for the previous year,if calculated using the payable 2000 tax capacity.
BE IT FURTHER RESOLVED, that an official copy of this adopted resolution be filed with
the county auditor who for purposes of this law in Anoka County is the Division Manager of Property
Records and Taxation.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 9TH
DAY OF OCTOBER, 2000.
Aa/ 2 ((i) , , - ,(4/_,,,,L_.---
CY J, G,` :MAYOR
4'
ATTEST:
DEB A. SKCI Y CLERK
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