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<br />Attachment B <br /> <br />Commissioner introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #HRA-IO-02-XXX <br /> <br />RESOLUTION AMENDING THE 2009 HOUSING AND REDEVELOPMENT <br />AUTHORITY OPERATING BUDGET <br /> <br />WHEREAS, during the year 2009, the Ramsey HRA acted on matters impacting revenue <br />, and expenditures budget of the Housing and Redevelopment Authority for items that were not <br />included in the original budget for the-year ended December 31,2009; and <br /> <br />WHEREAS, for financial reporting purposes, amendments to the Housing and <br />Redevelopment Authority budget is to he made in the form of a Budget Amendment Resolution; <br />and <br /> <br />WHEREAS, the following budget amendments are required to confirm the HRA's <br />actions taken by motion and/or discussion and to reflect actual activity for the year ended <br />December 31, 2009: <br /> <br />To amend revenue activities based on budget amendments made by HRA action during <br />2009 and actual moneys received over (under) budget from $317,443 to $7,412,614 a <br />total net increase of $7,095,171 due to the purchase of the Ramsey Town Center Land <br />Transfers; <br /> <br />Taxes <br />Mise-County BRA Payment <br />Transfers In <br />Water/Sewer Fund <br />Letter of Credit Proceeds <br /> <br />$ 247,557 <br />595,641 <br /> <br />4,668,788 <br />1,583,185 <br /> <br />Net Increase Budgeted Revenues <br /> <br />$7.095.1 71 <br /> <br />To amend expenditure activities based on budget amendments _ made by HRA action <br />during 2009 and actual moneys spent over (under) budget from $312,443 to $7,316,628 <br />for a net increase of $7,004,185, Again, the increase was due to the purchase of the <br />Ramsey Town Center Land. <br /> <br />Personal Service <br />Other Services and Charges <br />Capital Outlay <br />Transfers to Other Funds <br />Net Increase Budgeted Expenditures <br /> <br />$ 467 <br />239,289 <br />6,764,429 <br />o <br />$7.004.185 <br />