05-952r
126
HRA RESOLUTION NO. 952
RESOLUTION APPROVING PROPOSED 2006 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 2006 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 2006 in the amount of
$463,060 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
2006, and as the same are more fully detailed in the Executive
Director's official copy of the budget for the year 2006, in the
amount of $464,970 is hereby approved.
Section 3.
There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 2005, payable in 2006 for the
following purposes:
Housing and Redevelopment Authority
$389,320
Section 4.
A certified copy of this resolution shall be transmitted to the County
Auditor.
Adopted by the Housing and Redevelopment AuthC?,~~y in and for the City of
Richfield, Minnesota this 15th day of August, 2005. l~7)f ." /
I~~.
Thomas E. Harms, Chair
ATTEST:
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Kristal Stokes, Secretary