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082123 Resolution No. 46EDA RESOLUTION NO.46 RESOLUTION AUTHORIZING REVISION OF THE 2023 BUDGET OF THE ECONOMIC DEVELOPMENT AUTHORITY OF RICHFIELD WHEREAS, Resolution No. 40 appropriated funds for personal services and other expenses for the Economic Development Authority for the year 2023, and WHEREAS, The Executive Director has requested a revision of the 2023 budget as detailed in the 2024 budget document. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority of Richfield, Minnesota as follows: Section 1. That the 2023 appropriation for the Economic Development Authority General Fund is revised as follows: $32,100 increase Section 2. Estimated 2023 gross revenue of the Economic Development Authority General Fund from all sources, as the same is more fully detailed in the Executive Director's official copy of the 2024 budget document, are hereby revised as follows: $4,480 decrease Section 3. That the Executive Director bring into effect the provisions of this resolution. Adopted by the Economic Development Authority in and for the City of Richfield, Minnesota this 21 st day of August, 2023. UV" Erin Vrie e``Da iels, President ATTEST Melissa Poehlman, Executive Director