HomeMy WebLinkAboutHRA Resolution No. 2016-005 Prelinary Levy & Budget 2017 r� e
EDINA HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 2016-05
ADOPTING THE PROPOSED BUDGET AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE
IN 2017
WHEREAS, The Edina Housing and Redevelopment Authority (the "HRA") has authorities and powers
according to MN Statutes, Sections 469.001 to 469.047. MN Statutes, Section 469.033, subd. 6 grants
the HRA the power to levy and collect taxes subject to a resolution of consent from the Edina City
Council for a set period of time.
WHEREAS, The Edina City Council passed Resolution 2016-78 consenting to an HRA tax levy payable in
2017.
NOW, THEREFORE, BE IT RESOLVED by the Board as follows:
Section I: That there is proposed to be levied upon all taxable real and personal property in the
City of Edina, a tax rate sufficient to produce the amount as follows:
HRA GENERAL FUND $95,000
Section 2: That the preliminary budget is as follows:
HRA GENERAL FUND REVENUES Lteber
5,000
HRA GENERAL FUND EXPENDITURES 5,000
Passed and adopted by the Housing and Redevelopment Authority 016.
ATTEST:
Ann Swenson, Secretary James B. Hovland, Chair
STATE OF MINNESOTA )
COUNTY OF HENNEPIN )SS
CITY OF EDINA )
CERTIFICATE OF EXECUTIVE DIRECTOR
I, the undersigned duly appointed and acting Executive Director for the Edina Housing and
Redevelopment Authority do hereby certify that the attached and foregoing Resolution was duly
adopted by the Edina Housing and Redevelopment Authority at its Regular Meeting of September 7,
2016, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this'�4-� day of T-z, 20
Executive Direct r
CITY OF EDINA
4801 West 50th Street• Edina,Minnesota 55424
www.EdinaMN.gov•952-927-8861 . Fax 952-826-0390