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08-15-2022 EDA Resolution No. 40EDA RESOLUTION NO. 40 RESOLUTION APPROVING PROPOSED 2023 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE 2023 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 Economic Development Authority General Fund of Richfield for the year 2023 in the amount of $584,890 is hereby ratified. Section 2. The estimated gross revenue of the Economic Development Authority General Fund of Richfield from all sources, including general ad valorem tax levies as hereinafter set forth for the year 2022, and as the same are more fully detailed in the Executive Director’s official copy of the budget for the year 2023, in the amount of $584,890 is hereby approved. Section 3. There is hereby levied upon all taxable property in the City of Richfield an ad valorem tax in 2022, payable in 2023 for the following purposes: Economic Development Authority $579,096 Section 4. A certified copy of this resolution shall be transmitted to the County Auditor. Adopted by the Economic Development Authority in and for the City of Richfield, Minnesota this 15th day of August, 2022. Mary B. Supple, President ATTEST: Melissa Poehlman, Executive Director