HomeMy WebLinkAboutEDA Resolution No. 2023-23RESOTUTTON NO.2023-23
A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVETOPMENT AUTHORIW, ADOPTING A BUDGET
FOR THE FISCAL YEAR OF 2024 AND AUTHORIZING A SPECIAL BENEFIT TAX LEVY, PAYABTE IN 2024.
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, L996, pursuant to Minnesota Statutes 469.090 to 469.L081 (the "EDA Act"); and
WHEREAS, the City Council granted the EDA all powers and duties of a housing and redevelopment authority
by an enabling resolution and ordinance adopted on October 22,2001, pursuant to Minnesota Statutes
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 Columbia Heights (the "HRA"); and
WHEREAS, under Section 469.033 of the HRA Act, the EDA is authorized to levy a special benefit tax, in an
amount not to exceed .0185 percent of the City's estimated market value (the "HRA Levy"); and
WHEREAS, by separate resolution, the EDA has before it for consideration a copy of the EDA budget for the
fiscal year of 2024, and the proposed amount of the HRA Levy, payable in2024, is based on said budget;
NOW, THEREFORE BE lT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic
Development Authority, that the EDA hereby adopts an HRA Levy payablein 2024 of 5310,000 under Section
469.033 of the HRA Act; and
BE lT FURTHER RESOLVED, that the Board of Commissioners of the Columbia Heights Economic Development
Authority hereby directs staff to take such actions necessary to file with the City and certify with the County of
Anoka County, the HRA Levy in the amount of 5310,000 for taxes payable in 2O24 under Section 469.033 of
the HRA Act.
ORDER OF ECONOM!C DEVELOPMENT AUTHORIW
Passed this 5th day of September,2023
8mu/z-t nlrr^ D",,^ , Jrr,- lr--/t/h t-President 3
Attest:
Secretary