081924 Resolution 1486HRA RESOLUTION NO. 1486
RESOLUTION APPROVING PROPOSED 2025 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 2025 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 2025 in the amount of
$595,790 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
2024, and as the same are more fully detailed in the Executive
Director's official copy of the budget for the year 2025, in the
amount of $772,390 is hereby approved.
Section 3. There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 2024, payable in 2025 for the
following purposes:
Housing and Redevelopment Authority $720,610
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 19th day of August, 2024.
- 4il I k-y q�
Erin Vrieze D iels, Chair
ATTEST:
Sean Hayford Oleary, re ry