HomeMy WebLinkAboutHRA Resolutioin No. 2016-006 2017 Budget & Tax Levy EDINA HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 2016-06
ADOPTING THE BUDGET AND ESTABLISHING THE 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 1: That there will 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 TAX LEVY REVENUES $95,000
HRA OTHER REVENUES $9,837,000
HRA GENERAL FUND EXPENDITURES $95,000
HRA OTHER EXPENDITURES $9,837,000
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Passed and adopted by the Housing and Redevelopment Awthority on December 6, 2016.
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ATTEST: _ 1 _
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
December 6, 2016, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of , 20_
Executive Director