HRA RES 1997-15 - 00001054HRA RESOLUTION NO. 15 - 1997
A RESOLUTION ADOPTING 1997 TAX LEVIES
COLLECTIBLE IN 1998
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of
the 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. Findings.
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 and in
furtherance of its Modified Redevelopment Plan.
Section 3. Adoption of General LevV.
3.01.The following sums of money are hereby levied for the current
year, collectible in 1998, upon the taxable property of the City for the
purposes of the General Levy described in Section 1.02 above:
Total General Levy: .01440 of Taxable Market Value
Amount: Maximum Allowed by Law
Section 4. Report to Citv and Filina 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 THE HOUSING & REDEVELOPMENT AUTHORITY OF THE
CITY OF FRIDLEY THIS 14TH DAY OF AUGUST, 1997.
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR