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2019-12-02 Truth-In-Taxation Hearing MinutesA&COville TRUTH -IN -TAXATION HEARING Monday, December 2, 2019 APPROVED MINUTES ALBERTVILLE CITY HALL 1. CALL TO ORDER - PLEDGE OF ALLEGIANCE Mayor Hendrickson called the meeting to order at 6:17 p.m. 2. ROLLCALL 6:15 p.m. Present: Mayor Hendrickson and Council members Cocking, Halling, Olson and Vetsch Absent: None Staff Present: Finance Director Tina Lannes and City Clerk Kimberly Hodena Others Present: None 3. TRUTH -IN TAXATION HEARING Lannes gave an overview of how property taxes are calculated and how the budget process works. She provided the historical levy data and explained the expected changes to revenue and expenditures for 2020. She stated the proposed levy increase is 4.76% and it could be lowered, but not raised. Cocking inquired if invoices are sent out to residents for fire response calls or if that is only for I-94 related calls. He stated he had received a call from a resident who had received an invoice for such. Lannes replied that generally residents are not billed, but it could possibly have been an accident on a county road rather than a city road; there have been some of those. Vetsch had concerns about the MPCA permit and any possible future mandates that would require another large wastewater treatment plant (WWTP) improvement before the bond for the discharge pipe and plant upgrades are paid off. Lannes stated that the bond is a twenty year bond. She added that there will be a time where there will be three bonds needing payment for wastewater improvements over the years. They are for the original plant, plant upgrade, and then will be for the pipe and plant improvements. Lannes stated that several new commercial properties have now come onto the tax roll and play a part in keeping down the residential taxes. City Council Minutes Page 1 Truth -in -Taxation Meeting of December 2, 2019 4. ADJOURNMENT Motioned by Halling, seconded by Olson, to adjourn the meeting at 6:28 p.m. Ayes: Hendrickson, Cocking, Halling, Olson and Vetsch. Nays: None. Absent: None. MOTION DECLARED CARRIED. City Council Minutes Page 2 Truth -in -Taxation Meeting of December 2, 2019