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