08-21 HRA Resolution No. 1265 HRA RESOLUTION NO. 1265
RESOLUTION APPROVING PROPOSED 2018 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 2018 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 2018 in the amount of
$452,790 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
2018, and as the same are more fully detailed in the Executive
Director's official copy of the budget for the year 2018, in the
amount of$573,490 is hereby approved.
Section 3. There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 2017, payable in 2018 for the
following purposes:
Housing and Redevelopment Authority $571,905
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 21st day of August, 2017.
/i _
Mary B. S pp e, hair
ATTEST:
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Dori Rubenstein secretary