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HomeMy WebLinkAboutResolution No. 2018-06 Adopting Proposed Budget_Establishing Proposed Levy$160,000 $160,000 $160,000 13, 2018. RESOLUTION NO. 2018-06 ADOPTING THE PROPOSED BUDGET AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE IN 2019 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 2018-77 consenting to an HRA tax levy payable in 2019. NOW, THEREFORE, BE IT RESOLVED by the Board as follows: Section 1: 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 Section 2: That the preliminary budget is as follows: HRA GENERAL FUND TAX LEVY REVENUES HRA GENERAL FUND EXPENDITURES Passed and adopted by the Housing and Redevelopment Authority on ATTEST: )q,064--- Robert J. Stewart, Secretary _jamW 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 13, 2018, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of Executive Direttor CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 www.EdinaMN.gov • 952-927-8861 • Fax 952-826-0389