HomeMy WebLinkAbout2021-12-07 HRA Special Meeting PacketAg enda
E dina H ousing and R edevelopm ent Author ity
City of E dina, Minnesota
Edina City Hall Council Chambers
Tuesday, Decem ber 7, 2021
7:00 PMSpecial Meeting - Im m ediately following the City Council Meeting
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I.Call to Ord er
II.Roll Call
III.Ap p roval of Meetin g Agen d a
IV.Public Hearin gs
Du ring "Public Hearin gs," th e Ch air w ill ask for public testim ony after City
sta% m em b ers m a ke their p resentation s. If you w ish to testify on the topic,
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u se of signs, clappin g, cheerin g, b ooing, or a n y other form of verba l or
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A.PUBLIC HEARING: Resolu tion No. 2021-15, Setting 2022 HRA Tax Levy a n d
Adop tin g 2022 Bu d get
V.HRA Com m issioners' Com m en ts
VI.Executive Director's Com m ents
VII.Ad jou rn m ent
Th e E d ina Housing a n d Redevelop m ent Au thority wa n ts all pa rticip ants to be
com fortable b ein g pa rt of th e p u b lic p rocess. If y ou n ee d a ssista n ce in the w a y of
h ea ring am pli8ca tion, a n in terp reter, large-p rint docum en ts or som ethin g else,
p lease ca ll 952-927-8861 72 hou rs in advance of the m eeting.
Date: December 7, 2021 Agenda Item #: I V.A.
To:C hair & C ommis s ioners of the Edina HR A Item Type:
R eport / R ecommendation
F rom:Alis ha Mc Andrews , F inance Director
Item Activity:
Subject:P UBLI C HEAR I NG : R es olution No. 2021-15,
S etting 2022 HR A Tax Levy and Adopting 2022
Budget
Ac tion
Edina Housing and Redevelopment
Authority
Established 1974
C ITY O F E D IN A
HO US I NG & R EDEVELO P MENT
AUT HO R I T Y
4801 West 50th Street
Edina, MN 55424
www.edinamn.gov
A C TI O N R EQ U ES TED:
Approve R esolution No. 2021-15 setting the 2022 Tax L evy for the H ousing R edevelopment Authority
(H R A) and adopting the H R A's 2022 B udget.
I N TR O D U C TI O N:
T he H R A is a separate taxing authority formed by the City Council in 1974. T he purpose of the levy is to pay a
portion of the administrative expenses and other economic initiatives that are necessary to operate the H R A.
Historically those expenses have been paid using T I F funds. C ontinuing with the plan to reduce the reliance on
T I F funds, the levy for 2022 is a modest increase from $230,400 in 2021 to $237,300.
H R A adoption of this final levy resolution is a required to establish the H R A levy for 2022.
AT TAC HME N T S:
Description
Resolution No. 2021-15, Setting 2022 HRA Tax Levy and Adopting 2022 Budget
RESOLUTION NO. 2021-15
ADOPTING THE 2022 BUDGET AND ESTABLISHING THE TAX LEVY
PAYABLE IN 2022
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 2021-115 consenting to an HRA tax
levy payable in 2022.
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 $237,300
Section 2: That the preliminary budget is as follows:
HRA GENERAL FUND TAX LEVY REVENUES $237,300
HRA GENERAL FUND EXPENDITURES $237,300
Passed and adopted by the Housing and Redevelopment Authority on December 7, 2021.
ATTEST:
James Pierce, 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 7, 2021, and as recorded in
the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this ____ day of __________________, 20___.
_________________________________
Executive Director