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HomeMy WebLinkAboutEDA Resolution No. 2022-18RESOTUTTON NO.2022-t8 A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORIW, ADOPTING A BUDGET FOR THE FISCAL YEAR OF 2023 AND SETTING THE2022 TAX [EVY, PAYABTE IN 2023. BE lT RESOLVED, by the Columbia Heights Economic Development Authority (the "EDA") as follows: WHEREAS, the City of Columbia Heights (the "City'') established the EDA by an enabling resolution adopted on January 8,1996, pursuant to Minnesota Statutes 469.090 to 459.1081 (the "EDA Act"); and WHEREAS, the City Council of the City has given to the EDA the responsibility for all development and redevelopment projects and programs; and WHEREAS, under Section 469.L07 of the EDA Act, the City is authorized to levy a tax for the benefit of the EDA on its area of operation for the purposes authorized under the EDA Act, subject to the approval of the City Council; NOW, THEREFORE BE lT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic Development Authority, that the EDA adopts and requests the City Council's approval of its budget in the amount of 5297,100 for 2023; and BE lT FURTHER RESOLVED, that the EDA adopts and requests the City Council's approval of an EDA tax levy under Section 469.LO7 of the EDA Act, in the amount of 5297,100 for taxes payable in 2023; and BE lT FURTHER RESOLVED, that the Executive Director is instructed to transmit a copy of this resolution to the City Manager, Finance Director, and City Clerk of the City of Columbia Heights, Minnesota. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 26th day of September ,2022 offered ov: l/5gyq<7ag 7 E :"::lq:d bv' N tv,Eb<,tRorrcarr: ftl I Ayi t l.TlrWU-, ( Presi Resolution 2022-L8 Attest: ,',-alJrs'',