HomeMy WebLinkAboutEDA RES 2016-191 4 O, TAE LE'TT OF
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SECTION 469'.033, SUBDIVISION 6 AND APPROVAL
OF 'A BUDGET FOR FISCAL YEAR 2017 1
WHEREAS, pursuant to Minnesota Statutes, Section 469.090 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 2001-62 and Ordinance NoI, 1442, the City Counci]
granted to the EDA al�l powers and duties of a housing and redevelopment a,uthority under the
provisions of Minnesota Statutes, Sections 469.001 to 469.047 (the "HRA Act"), except certain
powers that are allocated to the Housing and Redevelopment Authority in anid for the, City of
Columbia Heights (the "HRA"); and
WHEREAS, Section 469.033, Subdivision 6, of the HRA Act permits the EDA and HRA,
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 2017; and
WHEREAS, the EDA has before it for its consideration a copy of a budget for its operations
for the fiscal year 2017 and the amount of the levy for collection in fiscal year 2017 shall be based
on this budget.
NOW, THEREFORE, Be It Resolved by the Board of Commissioners of the Columbia Heights
Economic Development Authority:
IJ
Minnesota Statutes, Section 469.107, together with the amount to be levied hereunder by the
EDA under Minnesota Statutes, Section 469.033, subdivision 6.
2. Staff of the EDA are hereby authorized and directed to file the budget with the City
in accordance with Minnesota Statutes, Section 469.033, Subdivision 6.
I There is hereby levied, subject to the approval of the City Council of the City, a
special benefit levy pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, in the amount
4. Staff of the EDA 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 2017 and to take
such other actions as are necessary to levy and certify such levy.
Motion by:
Second by:
Motion passed this 1st day of August 2016,
Attest by:
Walter R. Feh9f,Executive Director
Gary L. Peterson, President