07-1017r
HRA RESOLUTION NO.1 017
RESOLUTION APPROVING PROPOSED 2008 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 2008 TAX LEVY
BE IT RESOLVED by the Housing and Redevelopment Authority of the City of
Richfield, Minnesota as follows:
Section 1.
The budget for the Housing and Redevelopment Authority
General Fund of Richfield for the year 2008 in the amount of
$560,910 is hereby ratified.
Section 2.
The estimated gross revenue of the Housing and Redevelopment
Authority General Fund of Richfield from all sources, including
general ad valorem tax levies as hereinafter set forth for the year
2008, and as the same are more fully detailed in the Executive
Director's official copy of the budget for the year 2008, in the
amount of $518,660 is hereby approved.
Section 3.
There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 2007, payable in 2008 for the
following purposes:
Housing and Redevelopment Authority
$474,675
Section 4.
A certified copy of this resolution shall be transmitted to the County
Auditor.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 20th day of August, 2007.
ATTEST:
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M. Sandahl, Chair
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Donna Drummond, Secretary