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Res 2020-54 Property Tax Levy RESOLUTION NO. 2020 - 54 A RESOLUTION APPROVING THE PROPOSED PROPERTY TAX LEVY FOR 2020, COLLECTIBLE IN 2021, FOR THE CITY OF FRIDLEY WHEREAS, the City Charter of the City of Fridley (City) grants broad powers to the City to raise money by taxation pursuant to the laws of the State of Minnesota; and WHEREAS, the City Charter also establishes both the budget preparation process and the responsibilities of the City Council and City Manager for these activities; and WHEREAS, Minnesota Statute § 275.065 requires the City to certify its proposed tax levy requirements to the Anoka County on or before September 30; and WHEREAS, the City Council will hold a public meeting on December 14, 2020 to receive comments regarding the proposed property tax levy for 2020, collectible in 2021. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley hereby certifies to the County of Anoka, State of Minnesota, the following proposed property tax to be levied in 2020 for collection in 2021: General Fund $13,220,201 Springbrook Nature Center Fund 427,249 I.T. Capital Equipment Fund 63,405 Bonded Indebtedness 3,179,229 Total Proposed Property Tax Levy $16,890,084 BE IT FURTHER RESOLVED, that the City Council authorizes the City Manager, or their designee, to transmit a certified copy of this resolution to Anoka County, Minnesota. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS TH 28 DAY OF SEPTEMBER, 2020. ______________________________ SCOTT J. LUND - MAYOR ATTEST: ________________________________ DANIEL J. TIENTER - CITY CLERK