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<br />Commissioner introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION # HRA-06-08-XXX <br /> <br />A RESOLUTION ESTABLISHING A HRA PROPERTY TAX LEVY PAYABLE IN 2006 <br />UNDER MINNESOTA STATUTES CHAPTER 469. <br /> <br />WHEREAS, on March 8, 2005, the Ramsey City Council adopted Resolution #05-03- <br />072 to establish a Housing and Redevelopment Authority, in and for the City of Ramsey; and <br /> <br />WHEREAS, the proposed HRA budget for 2007 includes expenditures for staff, staff <br />training, consulting and professional services, and project funding. <br /> <br />WHEREAS, pursuant to Minnesota Statutes 469, the Housing and Redevelopment <br />Authority has the power to establish a property tax levy as a funding source for qualifying <br />activities; and <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COMMISSIONERS OF THE HOUSING AND REDEVELOPMENT AUTHORITY, IN <br />AND FOR THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as <br />follows: <br /> <br />I. That a HRA property tax, payable in 2007, be levied in accordance with the <br />Statutory maximum levy rate of .0144% of the City's total taxable market value <br />(.0144% of $2,169,745,200 = $312,443). <br /> <br />2. That the City Finance Officer is directed to forward the authorization for a HRA <br />tax levy to City Council for approval. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Commissioner, <br />upon vote being taken thereon, the following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Housing and <br />Redevelopment Authority Board of Commissioners this the 22nd day of August, 2006. <br /> <br />Chairperson <br /> <br />ATTEST: <br /> <br />HRA Executive Director <br />