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1996-61031 HRA RESOLUTION N0.610 • RESOLUTION ADOPTING 1997 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE 1997 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 1997 in the amount of $865,400 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 1996, and as the same are more fully detailed in the Executive Director's official copy of the budget for the year 1997, in the amount of $887,300 are hereby approved. Section 3. There is hereby levied upon all taxable property in the City of Richfield an ad valorem tax in 1996, payable in 1997 for the following purposes: Housing and Redevelopment Authority $153,900 Relocation Information Services and Assistance $15,300 Section 4. A certified copy of this resolution shall be transmitted to the County Auditor. Adopted by the Housing and Redevelopment Autho ' m and for the City of Richfield, Minnesota this 18th day of November, 1996y~~ . Thomas E. Harms, Chair ATTEST: ~ ~~ Vern Lue finger, Secr ~ ry