HomeMy WebLinkAboutResolution No. 2025-06 Adopting the Proposed Budget and Establishing the Proposed Tax Levy Payable in 2026'Al
EDINA HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 2025-06
ADOPTING THE PROPOSED BUDGET AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE IN 2026
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 2025-73 consenting to an HRA tax levy payable in 2026.
NOW, THEREFORE, BE IT RESOLVED by the Board as follows:
Section I: 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 $267,100
Section 2: That the preliminary budget is as follows:
HRA GENERAL FUND TAX LEVY REVENUES $267,100
HRA GENERAL FUND EXPENDITURES I $267,100
Passed and adopted by the.-H sing and Redevelopment Authority n u ust 28, 2025.
(X"ATTEST: c
James Pierce, Secretary James . 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 August 28, 2025, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this 27 day of S 20 2s
vp/
txecut ve Director
CITY OF EDINA
4801 West 50th Street • Edina, Minnesota 55424
www.EdinaMN.gov • 952-927-8861 . Fax 952-826-0389