081924 Resolution 1487RESOLUTION NO. 1487
RESOLUTION AUTHORIZING REVISION OF THE 2024 BUDGET OF THE
HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD
WHEREAS, Resolution No.1460 appropriated funds for personal services and other
expenses and capital outlay for the Housing and Redevelopment Authority for the year
2024 and
WHEREAS, The Executive Director has requested a revision of the 2024 budget as
detailed in the 2025 budget document.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
Authority of Richfield, Minnesota as follows:
Section 1. That the 2024 appropriation for the Housing and Redevelopment
Authority General Fund is revised as follows:
$63,940 increase
Section 2. Estimated 2024 gross revenue of the Housing and Redevelopment
Authority General Fund from all sources, as the same is more fully
detailed in the Executive Director's official copy of the 2025 budget
document, are hereby revised as follows:
$452,230 decrease
Section 3. That the Executive Director bring into effect the provisions of this
resolution.
Adopted by the Housing and Redevelopment Authority in nd for the City of
Richfield, Minnesota this 19th day of August, 2024.
Erin Vrie$e baniffis, Chair
ATTEST:
Sean Hayford lea retary