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Resolution - #17-12-304 - 12/12/2017
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Resolution - #17-12-304 - 12/12/2017
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4/11/2025 1:29:32 PM
Creation date
12/18/2017 9:27:46 AM
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#17-12-304
Document Date
12/12/2017
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<br />Councilmember Kuzma introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #17-12-304 <br /> <br />RESOLUTION ADOPTING THE 2018 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, 2017 <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) $ 103,981 <br /> Interest Earnings $ 7,500 <br /> Other Financing Sources $ 0 <br />Total Revenues <br /> $111,481 <br /> <br /> Operating and Capital Expenditures: <br /> Personal Services $ 4,316 <br /> Supplies $49,000 <br /> Services and Charges $ 58,165 <br />Total Operating and Capital Expenditures <br /> $111,481 <br /> <br /> <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 /> <br />Mayor Strommen <br /> Councilmember Kuzma <br /> Councilmember Johns <br /> Councilmember LeTourneau <br /> Councilmember Shryock <br /> <br />and the following voted against the same: <br /> <br /> Councilmember Riley <br /> <br />and the following abstained: <br /> <br /> None <br /> <br /> <br /> <br />
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