HRA RESO 25-02 - Adopting Proposed Budget and Establishing the Proposed Tax Levy Payable in 2026HRA RESOLUTION NO. 25-02
A RESOLUTION ADOPTING THE HOUSING AND REDEVELOPMENT AUTHORITY
BUDGET AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE IN 2026
WHEREAS, the Housing and Redevelopment Authority in and for the City of Golden
Valley (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 HRA is requesting to adopt the proposed 2026 HRA Budget and
Levy payable in 2026 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 to be levied on all taxable real and personal
property in the City of Golden Valley, a tax rate sufficient to produce the amount as
follows:
HRA GENERAL FUND LEVY: $ 461,652
Section 2. That the proposed budget is as follows:
HRA HOUSING FUND: $ 805,407
Adopted by the Housing and Redevelopment Authority of the City of Golden Valley,
Minnesota this 2nd day of September 2025.
Maurice Harris, HRA Chair
ATTEST:
Noah Schuchman, Executive Director
Docusign Envelope ID: 4CA4FBB2-DC5C-4EB1-950B-8AF131258FC3