HRA RES 1999-09 - 00000985RESOLUTION NO. HRA 9-1999
A RESOLUTION ADOPTING A 1999 TAX LEVY COLLECTIBLE IN 2000
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 460.047 (the "General Levy").
Section 2. Findin�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
and in furtherance of its Modified Redevelopment Plan.
Section 3. Adoption of General Lev�
3.01 The following sums of money are hereby levied for the current year, collectible in 2000, upon the
taxable property of the City for the purpose of the General Levy described in Section 1.02 above:
Total General Levy: .0144% of Taxable Market Value
Amount: Maximum 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 THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY
1N AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS Sth DAY OF AUGUST 1999.
LAWRENCE R. COMMERS, CHAIRPERSON
ATTEST:
WILLIAM W. BURNS, EXECUTIVE DIRECTOR