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HomeMy WebLinkAboutRES 2010-12AUTHORIZINGTHE LEVY OF' A SPECIAL BENEFIT LEVY PURSUANT TO MINNESOTA STATUTES, SECTION 4,69.033, AABIIY 6 AND APPROVAL OF WHEREAS, pursuant to Minnesota Statutes, Section 469.09O to 469.1081 ("EDA Act") the City of Columbia Heights ("City") created the Columbia Heights Economic Development Authority (the "EDA"); and WHEREAS, pursuant to City Resolution 2010;1 -62 and Ordinance No. 1442, thie City Council granted to the EDA all powers and duties of a housing and redievelopmeni authority under thie provisions of Mlinnesota Statutes, Sections 469.001 to 469.047 (the "HRA Act"'), except certain powers that are allocated'to the Housing and Redevelopment Authority in and for the City of of •. Heights (the "HRA"); and WHEREAS, Section 469.033, Subdivision 6, of the HI A Act permits the EDA and HA, together, to levy and collect a special benefit levy of up, to .0185 percent of taxable market value in the City upon, all taxable real property within the City; and WHEREAS, the Ell desires to levy a special' benefit levy in the amount of 0185 percent of taxable market value in the City; and WHEREAS, the EDA understands that the HRA does not expect to levy a specialn' '#--enefit tax for fiscal year 2011 , and WHEREAS, the EDA has before it for its consideration a copy of a budget for its operations for the fiscal year 2011 and the amount of the levy for collection in fiscal year, 2011 shall be based oin this budget. NOW, THEREFORE, Be It Resolved by the Board of Commissioners of the Columblia Heights Economic Development Authority: 1 . The budget of $347,367 for the operations, of the EDA presented for Will ill R 111101 iffli 1 101111111 N 1 11 1 11 be levied by the City under Minnesota Statutes, Section 469.107, together with the amount to be levied hereunder by the EDA under i(Minnesota Statutes, Section 469.033, M ROWLTSWO 2. Staff of the EDA are hereby authoirizied and directed to file the budget with Broil I IMPROVER i OWN i �'Nwl resolution of the City Council of the City of the levy of special benefit taxes in 2011 and to take such other actions as are necessary to levy and certify such levy. Motion by- Kelzenberg Second by: Williams Roll Call-, Ayes.- Herringer, WHliams, Kelzenberg, Peterson Nay- Nawrocki Motion passed this 27th day of July 2010 Attest by* 0 Wgter_k_ F­ °t, Exedutive Director I