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09/10/2024 Resolutions 2024-219 RESOLUTION 2024-219 WHEREAS,Nebraska Revised Statute 77-1601.02 provides that the Governing Body of the City of Grand Island,Nebraska passes by a majority vote a resolution or ordinance setting the tax request; and WHEREAS,a special public hearing was held as required by law to hear and consider comments concerning the property tax request. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND,NEBRASKA, that: 1. The 2024-2025 Downtown Improvement District#2 (Ramp)property tax request be set at $9,090.00. 2. The total assessed value of property differs from last year's total assessed value by 15.3%. 3. The tax rate which would levy the same amount of property taxes as last year, when multiplied by the new total assessed value of property, would be $0.010470 per $100 of assessed value. 4. The Downtown Improvement District#2 (Ramp)proposes to adopt a property tax request that will cause its tax rate to be $0.010470 per $100 of assessed value. 5. Based on the proposed property tax request and changes in other revenue,the total operating budget of the Downtown Improvement District#2(Ramp)will be less that FY24's budget by 23.4%, a difference of$5,000. 6. A copy of this resolution be certified and forwarded to the County Clerk on or before October 10, 2024 Adopted by the City Council of the City of Grand Island,Nebraska, September 10, 2024. ,>v / Roger . Steele, Mayor Attest: (124 Ji Granere Deputy CityClerk P Y