HomeMy WebLinkAboutEDA RES 2012-102 ,1191101111USIM01
AUTHORIZING THE Y OF
i SPECIAL BENEFIT LEVY PURSUANT TO MI, O T A STATUTES,
OF SECTION
A is FOR FISCAL YEAR �. CIF
WHEREAS, pursuant to Minnesota Statutes, Section 409.090 to 459.1081' ( "SEDAN
Act") the City of Columbia Heights ( "City") created the Columbia Heights Economic
Development Authority (the "EGA "); and
WHEREAS, pursuant to City Resolution 2001 -02 and Ordinance No. 1442, the City
Council granted to the EDA all powers and duties of a housing and redevelopment
authority under the provisions of Minnesota Statutes, Sections 459.001 to 469.047 (the
"HRA Act "''), except certain powers that are allocated to the Housing and Redevelopment
Authority in and for the City of Columbia Heights (the "HRA"), and
WHEREAS, Section 409.033, Subdivision 6, of the HRA Act permits the EDA and
HRA, together, to levy and collect a sppecial benefit levy of up to .9185 percent of taxable
market value in the City upon all taxable real property within the City, and
WHEREAS, the EDA 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 special)
benefit tax for fiscal' year 2013; and
WHEREAS, the EDA has before it for its consideration a copy of a budget for its
operations for the fiscal year 2013 and the amount of the levy for collection in fiscal year
2013 shall be based on this budget.
NOW, THEREFORE, Be It Resolved by the Board of Commissioners of the
Columbia. Heights Economic Development Authority:
1. The budget of $324,050 for the operations of the EDA presented for
consideration by the Board of Commissioners of the EDA is hereby in all' respects
be levied by the City under Minnesota Statutes, Section 469.107, together with the amount
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a special benefit levy pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, in
the amount equal to the lesser of a levy at rate of .01185 percent of taxable market value
4. Staff of the ED'A are hereby authorized and directed to seek the approval by
resolution of the City Council of the City of the levy of special benefit taxes in 2013 and to
take such other actions as are necessary to levy and certify such levy.
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Attest by:
--4,e ent
Wafter R. Fehst, executive Director ary L. te-rg" Ori6�,O-
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