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HRA RESO 24-03 - Adopting the Proposed Budget and Establishing the Proposed Tax Levy Payable 2025HRA RESOLUTION NO. 24-03 ADOPTING THE HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE IN 202 5 WHEREAS, The Golden Valley Housing and Redevelopment Authority (the “HRA”) has authorities and powers according to MN Statutes, Sections 469.001 to 469.047. MS Statutes, Section 469.033, subd. 6 grants the HRA the power to levy and collect taxes subject to a resolution of consent from the Golden Valley City Council for a set period and, WHEREAS, The Golden Valley HRA on September 21, 2021 Approved Resolution 21-74 Approving Granting Consent Intent for HRA Levy for a Housing Program, and WHEREAS, The HRA, is requesting to adopt the proposed 2025-2026 HRA budget and levy payable in 2025 and requests the City of Golden Valley approves Intent for the HRA Budget and Levy. NOW, THEREFORE BE IT RESOLVED by the Board as follows: Section I. That there is proposed levy upon all taxable real and personal property in the City of Golden Valley, a tax rate sufficient to produce the amount as follows: HRA HOUSING FUND LEVY $ 319,181 Section 2. That the proposed budget is as follows HRA HOUSING FUND $ 451,276 Adopted by the Housing and Redevelopment Authority in and for the City of Golden Valley, Minnesota this 17th day of September 2024. Gillian Rosenquist, Chair ATTEST: Noah Schuchman, Executive Director Docusign Envelope ID: 973F07F7-0C5D-4734-9540-9C3E0C8CB562