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AlTA ~tlMENTS: <br /> <br />Proposed levy <br />Proposed 2006 budget <br />Resolution to establish 2006 HRA levy <br /> <br />STAFF RECOMMENDATION: <br /> <br />In ordcr to address current/future redevelopment needs, the City must begin to acquire the <br />necessary funding to achieve these needs. The method currently available to the HRA is <br />the levying of a property tax levy and for taxes payable 2006, a total of $271,339 may be <br />levied. Staff is proposing the maximum levy be authorized by the HRA with final <br />adoption at the City Council meeting. <br /> <br />COMMISSION ACTION: <br /> <br />Motion by Commissioner <br />adopt Resolution #HRA-05-09- <br /> <br /> and seconded by Commissioner <br />__ establishing a HRA levy payable in 2006. <br /> <br />to <br /> <br />REVIEWED BY: <br /> <br />City Administrator <br />1 IRA l~xecutive Director <br /> <br />Ill,IA: 09/13/05 <br /> <br /> <br />