15-1207r HRA RESOLUTION NO. 1207
RESOLUTION APPROVING PROPOSED 2016 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 2016 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 2016 in the amount of
$457,550 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
2015, and as the same are more fully detailed in the Executive
Director's official copy of the budget for the year 2016, in the
amount of$510,610 is hereby approved.
Section 3. There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 2015, payable in 2016 for the
following purposes:
Housing and Redevelopment Authority $508,759
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 17th day of August, 2015.
(rfrieri `7"
Mary BSupple, C
ATTEST:
i Ali ,
Doris Rubenstein, Secretary