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09-1054rHRA RESOLUTION NO. 1054 RESOLUTION APPROVING PROPOSED 2010 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE 2010 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 2010 in the amount of $596,330 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 2010, and as the same are more fully detailed in the Executive Director's official copy of the budget for the year 2010, in the amount of $599,900 is hereby approved. Section 3. There is hereby levied upon all taxable property in the City of Richfield an ad valorem tax in 2009, payable in 2010 for the following purposes: Housing and Redevelopment Authority $594,292 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, 2009. ATTEST: J n Helmberger, Secretary ~~. ~~ Suz a M. Sandahl, Chair