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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #08-12-XXX <br />RESOLUTION ADOPTING THE 2009 CITY OF ' RAMSEY ECONOMIC <br />DEVELOPMENT AUTHORITY FUND BUDGET ' <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br />1) That the annual budget of the City of Ramsey. for the fiscal year beginning January 1, <br />2009 is hereby adopted for the Economic. Development Authority Fund as follows: <br />ECONOMIC DEVELOPMENT FUND <br />Revenues: <br />Taxes (EDA Levy) ~ $291,705 <br />Interest Earnings $5,000 <br />Total Revenues 296 70S <br />Operating. and Capital Expenditures: <br />Personal Services 9,919 <br />Supplies 9,000 <br />Services and Charges 58,450 <br />Capital Outlay 214,336 <br />Other Financing Uses- <br />Operating Transfers 0 <br />Total Operating and Capital Expenditures 291 705 <br />That the motion for the. adoption of the foregoing resolution was duly seconded by <br />Councilmember, and upon vote being taken thereon, the following voted in favor: <br />and the following voted against the same: <br />and the following abstained: <br />and the following were absent: <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council <br />this the 9~' day of December, 2008. <br />Mayor <br />ATTEST: <br />City Clerk <br />-111- <br />