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#19-293
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#19-293
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<br />Councilmember Kuzma introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #19-293 <br /> <br />RESOLUTION ADOPTING THE 2020 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, 2020 <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) $ 91,413 <br /> Interest Earnings $ 7,500 <br /> Other Financing Sources $ 0 <br />Total Revenues <br /> $98,913 <br /> <br /> Operating and Capital Expenditures: <br /> Personal Services $ 2,163 <br /> Supplies $ 49,000 <br /> Services and Charges $ 47,750 <br />Total Operating and Capital Expenditures <br /> $ 98,913 <br /> <br /> <br />That the motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Menth and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor LeTourneau <br /> Councilmember Kuzma <br /> Councilmember Menth <br /> Councilmember Riley <br /> <br />and the following voted against the same: <br /> <br />Councilmember Heinrich <br /> Councilmember Musgrove <br /> Councilmember Specht <br /> <br />and the following abstained: <br /> <br /> None <br /> <br /> <br /> <br />
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