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HomeMy WebLinkAboutResolution No. 2019-55 Granting HRA LevyThe City Council hereby consents to and authorizes an HRA tax levy in h not to exceed amounts of $192,000 payable in 2020 and $230,400 payable in 2021. 0-4 • rbison, City Clerk Passed and adop ity Council on September 4, 2019. ATTEST: ames ovland, Mayor RESOLUTION NO. 20 I 9-55 GRANTING CITY COUNCIL CONSENT FOR HOUSING AND REDEVELOPMENT AUTHORITY LEVY 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 HRA has formulated and filed budgets for the 2020 — 2021 fiscal years in the same manner as required of executive departments of the City. WHEREAS, The HRA's 2020 preliminary budget includes a property tax levy of $192,000 and the 2021 preliminary budget a property tax levy of $230,400. NOW, THEREFORE, BE IT RESOLVED by the Edina City Council as foll ws: STATE OF MINNESOTA COUNTY OF HENNEPIN )SS CITY OF EDINA CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of September 4, 2019, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of , 20 City Clerk CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 www.EdinaMN.gov • 952-927-8861 • Fax 952-826-0390