21-04 Adopting 2022-2023 Budget and Establishing Tax Levy Payalbe in 2022 2021-12-07DocuSign Envelope ID: 02CF0634-1186-4551-BOCA-4CF679708ABF
HRA RESOLUTION 21-04
ADOPTING THE HOUSING AND REDEVELOPMENT AUTHORITY 2022-2023
BUDGET AND ESTABLISHING A TAX LEVY PAYABLE IN 2022
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 21-03 Adopting a Proposed Housing and Redevelopment Authority
Budget and Proposed Tax Levy in 2022 and,
WHEREAS, The City of Golden Valley 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 final 2022-23 HRA
budget and levy payable in 2022 and requests the City of Golden Valley
approves Intent for the HRA Budget and Levy, and
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:
REVENUE
HRA HOUSING FUND LEVY $ 214,000
LOSS FOR FISCAL DISPARITIES (3,600)
TOTAL $ 210,400
Section 2. That the proposed budget is as follows
EXPENDITURE
HRA HOUSING FUND _ $210.400
-Adopted by the Housing and Redevelopment Authority of Golden Valley,
Minnesota this 7t" day of December 2021.
DocuSigned by:
ST Maurice Harris, Chair
ATpTc�ig I by:
F:0-
Timo y J. ruikshank, Executive Director