11-1105r HRA RESOLUTION NO. 1105
RESOLUTION APPROVING PROPOSED 2012 HOUSING AND REDEVELOPMENT
• AUTHORITY BUDGET AND CERTIFYING THE 2012 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 2012 in the amount of
$569,320 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
2012, and as the same are more fully detailed in the Executive
Director's official copy of the budget for the year 2012, in the
amount of$513,880 is hereby approved.
Section 3. There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 2011, payable in 2012 for the
following purposes:
Housing and Redevelopment Authority $503,777
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 15th day of August, 2011.
I I�/. )4(46.11
S - e M. Sandahl, Chair
ATTEST:
Iran Helmberger, Secreta /�