HomeMy WebLinkAboutHRA Resolution No. 2017-010 2018 Tax Levy & Budget V11i��,i
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EDINA HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 2017-11
ADOPTING THE BUDGET AND ESTABLISHING THE TAX LEVY PAYABLE IN 2018
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.
WHEREAS, The Edina City Council passed Resolution 2017- 83 consenting to an HRA tax levy payable in
2018.
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 $125,000
Section 2: That the preliminary budget is as follows:
HRA GENERAL FUND TAX LEVY REVENUES $125,000
HRA OTHER REVENUES $12,070,500
HRA GENERAL FUND EXPENDITURES $125,000
HRA OTHER EXPENDITURES ' $20,357,595
Passed and adopted by the Housing and Redevelopment Authority n'December 5, 2017.
ATTEST: u 1 ���� "`-f' ✓
Robert J. S wart, Secretary _ JamA 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 5, 2017, and as recorded in the Minutes of
said Regular Meeting.
WITNESS my hand and seal of said City this day of 20_
Executive Director
CITY OF EDINA
4801 West 50th Street• Edina,Minnesota 55424
www.EdinaMN.gov•952-927-8861 • Fax 952-826-0390