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<br />Councilmember Kuzma introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #18-256 <br /> <br />RESOLUTION ADOPTING THE 2019 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, 2019 <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) $ 101,663 <br /> Interest Earnings $ 7,500 <br /> Other Financing Sources $ 0 <br />Total Revenues <br /> $109,163 <br /> <br /> Operating and Capital Expenditures: <br /> Personal Services $ 2,163 <br /> Supplies $ 49,000 <br /> Services and Charges $ 58,000 <br />Total Operating and Capital Expenditures <br /> $109,163 <br /> <br /> <br />That the motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Johns and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor LeTourneau <br /> Councilmember Kuzma <br /> Councilmember Johns <br /> Councilmember Shryock <br /> <br />and the following voted against the same: <br /> <br /> Councilmember Musgrove <br /> Councilmember Riley <br /> <br />and the following abstained: <br /> <br /> None <br /> <br /> <br /> <br /> <br />