08-20-90 agendaHOUSING AND REDEVELOPMENT AUTHORITY
HRA Letter No. 21
Agenda August 20, 1990
Issue Statement:
Approval of proposed property tax levy for payable year 1991 for
certification to the Hennepin County auditor and set dates for
public budget hearings for the 1990 Revised/1991 Proposed budget
and tax levy.
Background:
As required by the Truth in Taxation legislation (M.S. 275.065)
each "taxing authority" must certify its proposed property tax
levy for payable year 1991 to the county auditor on or before
September 1, 1990. "Taxing authority" includes all counties, all
school districts, all cities regardless of population, all towns
and all special taxing districts. No local units of government
are exempted from this requirement.
In addition, each "taxing authority" must certify to their county
auditor the dates that have been selected for their Truth in
Taxation hearing and for the continuation of this hearing by
September 1, 1990. The dates for these hearings must not
conflict with the hearing dates of the county or of the school
district in which the "taxing authority" is located. These
. scheduled hearings must be held between November 15 and December
20, 1990. On or before December 28, 1990 the final adopted levy
must be certified to the county auditor.
Notice of the budget hearing will be published and posted in
accordance with both the State Statute and the City Charter. The
notice must also include an alternative date for a second budget
session if it is necessary. Thus, two dates must be selected
this evening.
Recommended Motion:
1. Adopt the attached resolution approving the proposed 1991
Housing and Redevelopment Authority General Fund and
Relocation Information Fund tax levies.
2. Set a public budget hearing for 7:00 p.m. November 19, 1990
with a reconvened date of 7:00 p.m. November 20, 1990 if
necessary.
Basis of Recommendation:
1. The Minnesota Truth in Taxation law requires a budget hearing
for each "taxing authority" prescribed by M.S. 275.065.
2. The recommended dates are available according to the Hennepin
County Auditor.
3. The budget and accompanying proposed levy are reading for
consideration.
• 4. There is adequate time to meet publication requirements.
Alternative Recommendation:
1. The Housing and Redevelopment Authority could select other
dates for the Hearing, provided they are available and
publication requirements can be satisfied.
Discussion/Decision Mode:
Action by the HRA on August 20 would make it possible to certify
the proposed 1991 tax levy and set date for budget hearings as
required by law.
Respecti ely submitted,
Jame Prosser
Exec tivee Director
JDP:ds
•
0
HRA RESOLUTION NO.
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION APPROVING PROPOSED 1991 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE PROPOSED TAX LEVY
BE IT RESOLVED By the Housing Redevelopment Authority of the
City of Richfield as follows:
Section 1. The proposed budget for the Housing and Redevelopment
Authority General Fund of Richfield for the year 1991
in the amount of $126,630 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 1991,
and as the same are more fully detailed in the
Executive Director's official copy of the proposed
budget for the year 1991, in the amount of $152,480
are hereby approved.
Section 3. There is hereby levied upon all taxable property in
• the City of Richfield a direct maximum amount allow-
able by law a proposed ad valorem tax in 1990,
payable in 1991 for the following purposes:
Housing and Redevelopment Authority $154,477
Relocation Information Services and
Assistance $ 15,330
Section 4. A certified copy of this resolution shall
be transmitted to the County Auditor.
Passed by the Housing and Redevelopment Authority of the
City of Richfield, Minnesota this 20th day of August, 1990.
Thomas E. Harms Chairman
ATTEST:
0 Joan Helmberger Secretary