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Resolution - #20-204 - 09/22/2020
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Resolution - #20-204 - 09/22/2020
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4/11/2025 9:24:41 AM
Creation date
9/23/2020 2:39:03 PM
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#20-204
Document Date
09/22/2020
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<br />Councilmember Riley introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #20-204 <br /> <br />RESOLUTION ADOPTING THE “PROPOSED” 2021 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 “Proposed” annual budget of the City of Ramsey for the fiscal year beginning <br />January 1, 2021 is hereby adopted for the Economic Development Authority Fund as <br />follows: <br /> <br /> ECONOMIC DEVELOPMENT FUND <br /> <br /> Revenues: <br /> Taxes (EDA Levy) $75,360 <br /> Interest Earnings 10,000 <br /> Total Revenues $85,360 <br /> <br /> Operating and Capital Expenditures: <br /> Personal Services $ 1,610 <br /> Supplies 49,000 <br /> Services and Charges 34,750 <br /> Total Operating and Capital Expenditures $85,360 <br /> <br /> <br />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 thereof: <br /> <br /> Mayor LeTourneau <br /> Councilmember Riley <br /> Councilmember Menth <br /> Councilmember Kuzma <br /> Councilmember Specht <br /> <br />and the following voted against the same: <br /> <br /> Councilmember Musgrove <br /> <br />and the following abstained: <br /> <br /> None <br /> <br /> <br /> <br /> <br />
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