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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 Watch the m eeting on cable TV or at EdinaMN.gov/LiveMeeting s or Facebook.com /EdinaMN. Par ticipate in Public H earing in per son, or Call 800-374-0221. E nter Conference ID 9198120. Give the operator your nam e, street address and telephone number. Press *1 on your telephone keypad when you would like to get in the queue to speak. A City sta8 m em ber will introduce you when it is your tur n. 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, y ou are w elcom e to do so as long as you r testim ony is releva n t to th e d iscussion. To en sure fa irness to all speakers and to a llow th e e'cien t con d u ct of a public hearin g, speakers m u st ob serve th e followin g guid elines: Individ u als m u st lim it their testim on y to three m inutes. Th e Ch air m a y m odify tim es, a s d eem ed n ecessa ry . Try not to rep ea t rem a rks or p oin ts of view m a d e b y prior speakers and lim it testim ony to th e m atter under con sid era tion. In order to m ain ta in a resp ectful en vironm en t for all those in a ttenda n ce, the u se of signs, clappin g, cheerin g, b ooing, or a n y other form of verba l or n onverba l com m u n ication is n ot a llow ed. 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