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Adopted Budget 2010
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<br />Commissioner Look introduced the following resolution and mgved for its adoption: <br />• RESOLUTION #HRA-09-09-006 <br />A RESOLUTION ESTABLISHING A HRA PROPERTY TAX LEVY PAYABLE IN 2010 <br />UNDER MINNESOTA STATUTES CHAPTER 469. <br />WHEREAS, on Mazch 8, 2005, the Ramsey City Council adopted Resolution #05-03- <br />072 to establish a Housing and Redevelopment Authority, in and for the City of Ramsey; and <br />WHEREAS, the proposed HRA budget for 2010 includes expenditures for staff, staff <br />training, consulting and professional services, and housing programs. <br />WHEREAS, pursuant to Minnesota Statutes 469, the Housing and Redevelopment <br />Authority has the power to establish a property tax levy as a funding source for qualifying <br />activities; and <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COMMISSIONERS .OF THE HOUSING AND REDEVELOPMENT AUTHORITY, IN <br />AND FOR THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as <br />follows: <br />1. That a HRA property tax, payable in 2010, be levied in the amount of $408,765. <br />• The Statutory maximum levy allowed is $408,765 (.0185% of total taxable market <br />value of $2,209,538,300). <br />The motion for the adoption of the foregoing resolution was duly seconded by Commissioner <br />Jeffrey, upon vote being takeri thereon, the following voted in favor thereof: <br />Chairperson Dehen <br />Commissioner Look <br />Commissioner Jeffrey <br />Commissioner McGlone <br />Comrriissioner Wise <br />and the following voted against the same: <br />.Commissioner Elvig <br />Commissioner Ramsey <br />and the following abstained: <br />None <br />and the following were absent: <br />• None <br />-345- <br />
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