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<br />Councilmember LeTourneau introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #13-12-225 <br /> <br />RESOLUTION ADOPTING THE 2014 CITY OF RAMSEY ECONOMIC <br />DEVELOPMENT AUTHORITY FUND BUDGET <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2014 <br />is hereby adopted for the Economic Development Authority Fund as follows: <br /> <br />ECONOMIC DEVELOPMENT FUND <br /> <br /> <br /> Revenues: <br /> Taxes (EDA Levy) $121,788 <br /> Interest Earnings $ 3,000 <br />Total Revenues <br /> $124,788 <br /> <br /> Operating and Capital Expenditures: <br /> Personal Services 56,070 <br /> Supplies 10,600 <br /> Services and Charges 61,380 <br /> Capital Outlay 0 <br /> Other Financing Uses – <br /> Operating Transfers 0 <br />Total Operating and Capital Expenditures <br /> $128,050 <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Riley, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Strommen <br /> Councilmember LeTourneau <br /> Councilmember Riley <br /> Councilmember Johns <br /> Councilmember Kuzma <br /> <br />and the following voted against the same: <br /> <br /> Councilmember Backous <br /> Councilmember Tossey <br /> <br /> <br /> <br /> <br /> <br />