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5. All other HRA property, assets, cash or other funds are hereby transferred to the <br />City. The cash or other funds shall be used in a manner consistent with the <br />restrictions set forth in Minnesota Statutes section 469.033, subdivision 7. <br />The motion for adoption of the foregoing resolution was duly seconded by Commissioner <br />and, upon a vote being taken thereon, the following voted in favor: <br />and the following voted against: <br />and the following abstained: <br />and the following were absent: <br />Whereupon said resolution was duly passed and adopted by the Ramsey Housing and <br />Redevelopment Authority Board of Commissioners this day of November, 2014. <br />Randy Backous, Chairperson <br />ATTEST: <br />HRA Executive Director <br />