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1986-28950 HRA RESOLUTION N0. 289 RESOLUTION APPROVING 1987 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE TAX LEVY BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Richfield as follows: Section 1. The Budget for the Housing and Redevelopment Authority of Richfield for the year 1987 in the amount $87,360 is hereby ratified. Section 2. The estimated gross revenue of the Housing and Redevelopment Authority of Richfield from all sources, including general ad valorem tax levies as hereinafter set forth for the year 1987, and as-the same are more fully detailed in the Executive Director's official copy of the proposed Budget for the year 1987, in the amount of $97,360, are hereby approved. Section 3. There is hereby levied upon all taxable property in the City of Richfield a direct ad valorem tax in the 1986, payable in 1987 for the following purposes: PURPOSE AMOUNT Housing and Revevelopment Authority 1/3 Mill Relocation Information, Services and Assistance 1/30 Mill Section 4. A certified copy of this resolution shall be transmitted to the County Auditor. Passed by the Housing and Redevelopment Authority of the City of Richfield, Minnesota this 29th day of September, 1986. _ omas E. Harms Chairman ATTEST: r Jo ` Helmberger Secr tary