HRA RES 2006-03 - 00014169HRA RESOLUTION NO. 2006 - 03
A RESOLUTION ADOPTING A 2006 TAX LEVY COLLECTIBLE IN 2007
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") ofthe Housing and Redevelopment
Authority in and for the City of Fridley, Minnesota (the "Authority"), as follows:
Section 1. Recitals.
1.01. The Authority is authorized by Minnesota Statutes Section 469.033 to adopt a levy on all taxable
property within its area of operation, which is the City of Fridley, Minnesota (the "City").
1.02. The Authority is authorized to use the amounts collected by the levy for the purposes of Minnesota
Statutes Sections 469.001 to 469.047 (the "General Levy").
Section 2. F�s.
2.01. The Authority hereby finds that it is necessary and in the best interests of the City and the Authority to
adopt the General Levy to provide funds necessary to accomplish the goals of the Authority.
Section 3. Adoption of General LevX.
3.01. The following sums of money are hereby levied for the current year, collectible in 2007, upon the taxable
property of the City for the purposes of the General Levy described in Section 1.02 above:
Total General Levy: .0144% of Taxable Market Value
Amount: Maxirrium Allowed by Law
Section 4. Report to City and Filin� of Levies.
4.01. The Executive Director of the Authority is hereby instructed to transmit a certified copy of this
Resolution to the City Council for its consent to the General Levy.
4.02. After the City Council has consented by resolution to the General Levy, the Executive Director of the
Authority is hereby instructed to transmit a certified copy of this Resolution to the County Auditor of
Anoka County, Minnesota.
PASSED AND ADOPTED BY TI� HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR
TI� CITY OF FRIDLEY, MINNESOTA THIS 7"'DAY OF SEPTEMBER, 2006.
AWRENC . COMMERS - CHAIRPERSON
ATTEST:
� " �.
WILLIAM W. BURNS - HRA DIRECTOR