HomeMy WebLinkAbout2000-025 EDARMember Kay Lasman introduced the following resolution and moved
EDA RESOLUTION NO. 2000 25
RESOLUTION APPROVING THE FINAL 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 final 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 final budget of the Economic Development Authority for said City is hereby
approved and shall be:
Economic Development Authority #1 Fund
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
Economic Development Authority #2 Fund
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
2. that a copy of this resolution be submitted to the City Council of the City of Brooklyn
Center.
RESOLUTION NO. 2000 25
December 11, 2000
The motion for the adoption of the foregoing resolution was duly seconded by member
Debra Hilstrom 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.
Date President