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HomeMy WebLinkAbout1989-023-01.16.1989 tr' t7 5 C5 `.D LT, CJeier n ri RESOLUTION NO. 1989-23 � H /'��� v"` � ` RESOLUTION AUTHORIZING THE CITY OF WATERLOO TO PRESENT Hi-1 AN APPEAL TO THE IOWA DEPARTMENT OF MANAGEMENT TO EXCEED `' THE GENERAL FUND LEVY OF $8 . 10 PER $1 , 000 OF TAXABLE s r~ `�' VALUATION IN THE AMOUNT NOT TO EXCEED $8 . 53 PER $1 ,000 � r . ' n t b OF TAXABLE VALUATION. -i F-- �' - WHEREAS, the City of Waterloo has prepared an operating budget for FY 1990 to fund those activities of the City, and WHEREAS, the State of Iowa mandates that a municipality may not exceed a general fund tax levy of $8 . 10 per $1 , 000 of taxable valuation, and WHEREAS, Chapter 24 . 48 , 1987 Iowa Code allows municipalities to suspend the statutory property tax levy limitation. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that an appeal be made to the Iowa Department of Management to exceed the General Fund Tax Levy limit of $8 . 10 per $1 , 000 of taxable valuation. BE IT FURTHER RESOLVED that an appeal not to exceed $8 . 53 per $1, 000 of taxable valuation be hereby requested. BE IT FURTHER RESOLVED that the Clerk/Auditor be and the same hereby instructed to prepare said appeal and deliver to the Iowa Department of Management for consideration and review. PASSED AND ADOPTED this 16th day of January, 1989 . Bernard L. _1 inley, Mayor ATTEST: Larr �Pi 7 urger, . ty Clerk/Auditor