HomeMy WebLinkAbout1997-034 EDAR1
1
its adoption:
Member Kathleen Carmody introduced the following resolution and moved
EDA RESOLUTION NO. 97 -34
RESOLUTION APPROVING THE FINAL BROOKLYN CENTER ECONOMIC
DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1998 PURSUANT
WHEREAS, the Brooklyn Center Economic Development Authority has considered
the final budget and fmds that this budget is necessary for the operation of the Brooklyn Center
Economic Development Authority during the year 1998.
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:
ESTIMATED REVENUES:
General Property Taxes $177,620
Intergovernmental Revenue CDBG 247,856
I.D.R.B. Fees 15,000
Investment Earnings 150,000
Transfer from H.R.A. Fund 143.887
Total Revenue by Source $734,363
APPROPRIATIONS:
Redevelopment
CDBG programs
Total Appropriations
2. that a copy of this resolution be submitted to the City Council of the City of Brooklyn
Center.
December 15, 1997
Date
$1,036,507
247.856
$1,284,363
resident
The motion for the adoption of the foregoing resolution was duly seconded by member
Robert Peppe and upon vote being taken thereon, the following voted in favor
thereof:
Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kay Lasman, and Robert Peppe;
and the following voted against the same:
none,
whereupon said resolution was declared duly passed and adopted.