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HomeMy WebLinkAboutResolution No. 2025-09 Adopting the Budget and Establishing the Tax Levy Payable in 2026EDINA HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION NO. 2025-9 ADOPTING THE BUDGET AND ESTABLISHING THE 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 and authorizing an HRA tax levy payable in 2026. NOW, THEREFORE, BE IT RESOLVED by the Board as follows: Section 1: 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 follows: HRA GENERAL FUND $267,100 Section 2: That the budget is as follows: HRA GENERAL FUND TAX LEVY REVENUES HRA GENERAL FUND EXPENDITURES $267,100 $267,100 Passed and adopted by the Ho ' and Redevelopment Authority c tuber 11, 2025. ATTEST. James Pierce, Secretary James B. Hovland, Chair STATE OF MINNESOTA ) COUNTY OF HENNEPIN )SS CITY OF EDINA 1 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 11, 2025, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this �rn day of -2025. Execu ' e irect CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 EdinaMN.gov • 952-927-8861