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Councilmember Kuzma introduced the following resolution and moved for its adoption: <br /> RESOLUTION #16-12-239 <br /> RESOLUTION ADOPTING THE 2017 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, 2017 <br /> is hereby adopted for the Economic Development Authority Fund as follows: <br /> ECONOMIC DEVELOPMENT FUND <br /> Revenues: <br /> Taxes (EDA Levy) $ 103,981 <br /> Interest Earnings $ 10,000 <br /> Other Financing Sources $ 0 <br /> Total Revenues 113 981 <br /> Operating and Capital Expenditures: <br /> Personal Services $ 5,931 <br /> Supplies $48,000 <br /> Services and Charges $ 60,050 <br /> Total Operating and Capital Expenditures 113 981 <br /> That the motion for the adoption of the foregoing resolution was duly seconded by <br /> Councilmember Johns and upon vote being taken thereon, the following voted in favor: <br /> Mayor Strommen <br /> Councilmember Kuzma <br /> Councilmember Johns <br /> Councilmember Shryock <br /> Councilmember Williams <br /> and the following voted against the same: <br /> Councilmember Riley <br /> and the following abstained: <br /> None <br />