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its adoption:
Member Robert Peppe introduced the following resolution and moved
EDA RESOLUTION NO. 2000 -15
RESOLUTION APPROVING THE PRELIMINARY BROOKLYN CENTER
ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 2001
PURSUANT TO MSA CHAPTER 469.107. SUBDIVISION 1
WHEREAS, the Brooklyn Center Economic Development Authority has considered
the preliminary budget and finds that this budget is necessary for the operation of the Brooklyn
Center Economic Development Authority during the year 2001.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority for the City of Brooklyn Center as follows:
1. that the preliminary budget of the Economic Development Authority #1 Fund for said City
is hereby approved and shall be:
ESTIMATED REVENUES:
Intergovernmental Revenue CDBG $240,212
I.D.R.B. Fees 9,000
Investment Earnings 5.000
Total Revenue by Source $254,212
APPROPRIATIONS:
Redevelopment $419,103
CDBG programs 240.212
Total Appropriations $659,315
2. that the preliminary budget of the Economic Development Authority #2 Fund for said City
is hereby approved and shall be:
ESTIMATED REVENUES:
General Property Taxes $210,229
Investment Earnings 25,000
Transfer from H.R.A. Fund 169.874
Total Revenue by Source $405,103
APPROPRIATIONS:
Redevelopment $0
CDBG programs 0
Total Appropriations $0
1
EDA RESOLUTION NO. 2000 15
3. that a copy of this resolution be submitted to the City Council of the City of Brooklyn
Center.
September 11, 2000
Date
_J/1.7
The motion for the adoption of the foregoing resolution was duly seconded by member
Kay Lasman and upon vote being taken thereon, the following voted in favor
thereof:
Myrna Kragness, Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.