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Councilmember introduced the following resolution and moved for its adoption: <br /> RESOLUTION #24-337 <br /> RESOLUTION ADOPTING THE 2025 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 1,2025 <br /> is hereby adopted for the Economic Development Authority Fund as follows: <br /> ECONOMIC DEVELOPMENT FUND <br /> Revenues: <br /> Taxes (EDA Levy) $ 86,367 <br /> Interest Earnings $ 5,000 <br /> Total Revenues 91 367 <br /> Operating and Capital Expenditures: <br /> Personal Services $ 11080 <br /> Supplies $ 441000 <br /> Services and Charges $ 465287 <br /> Total Operating and Capital Expenditures S 91 367 <br /> That the motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br /> and upon vote being taken thereon, the following voted in favor: <br /> and the following voted against the same: <br /> and the following abstained: <br /> and the following were absent: <br /> Whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this <br /> the 26th day of November, 2024. <br /> Mayor <br /> ATTEST: <br />