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HomeMy WebLinkAboutResolution No. 2018-12 Adopting Budget and Establishing Tax Levy Payable in 2019RESOLUTION NO. 2018-12 EDINA HOUSING AND REDEVELOPMENT AUTHORITY ADOPTING THE BUDGET AND ESTABLISHING THE 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: The Budget for the HRA as shown on Attachment A for the calendar year 2019 is hereby adopted and funds are hereby appropriated; Section 2: 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 follow: HRA GENERAL FUND 1 $160,000 Passed and adopted by the Housing and Redevelopment Aut it •• December 4, 2018. ATTEST: Robert J. Stldwart, Secretary James B. Hovland, Chair STATE OF MINNESOTA COUNTY OF HENNEPIN CITY OF EDINA )SS 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 4, 2018, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this ' day of G• , 20 /6 Executive Director CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 www.EdinaMN.gov • 952-927-8861 • Fax 952-826-0389