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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #14-12-253 <br />RESOLUTION ADOPTING THE 2015 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, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2015 is hereby adopted for the Economic Development Authority Fund as follows: <br />ECONOMIC DEVELOPMENT FUND <br />Revenues: <br />Taxes (EDA Levy) <br />Interest Earnings <br />Other Financing Sources <br />Total Revenues <br />$116,444 <br />$ 3,000 <br />$ 87,857 <br />$207.301 <br />Operating and Capital Expenditures: <br />Personal Services $137,651 <br />Supplies $ 10,750 <br />Services and Charges $ 55,900 <br />Total Operating and Capital Expenditures $204.301 <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />and upon vote being taken thereon, the following voted in favor thereof: <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 9th day of December, 2014. <br />Mayor <br />ATTEST: <br />