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RESOLUTTON 08-18753 A RESOLUTION ESTABLISHING THE MILL LEVIES FOR PUBLIC SAFETY, GENERAL OBLIGATION DEBT FOR PARKS, STREET, AND BASEBALL STADIUM DEBT SERVICE FOR TAX YEAR 2008. WHEREAS, pursuant to law, the City of Billings is required to make annual mill levies. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BILLINGS, MONTANA: 1. That a Public Safety Mill Levy, which voters approved in November of 2004 in the amount of $6.8 million (44.34 mills), is hereby imposed on all taxable propedy within the City of Billings, Montana, for the Fiscal Year July 1, 2008 through June 30, 2009. 2. That additional Mill Levies in the amounts stated are hereby imposed on alltaxable property within the City of Billings, Montana, to provide payment for the following: A. 1.12 mills-General Obligation Debt Service Parks B. 2.85 mills-General Obligation Debt Service Streets C. 6.45 mills-General Obligation Debt Service BaseballStadium 3. That when said taxes are collected, the same shall be placed in respective funds for the City and expended pursuant to the annual budget. 4. This Resolution shall be effective upon adoption. BY: (nn,',Vn t nÍtrn) Cari Martin, CITY CLERK Ron T'ussing, MAYO