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1
its adoption:
December 14, 1998
Member Kathleen Carmody
RESOLUTION APPROVING THE FINAL BROOKLYN CENTER ECONOMIC
DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1999 PURSUANT
T• A 4_'T 4.' 117 DIVI •N 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 1999.
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 $189,051
Intergovernmental Revenue CDBG 240,809
I.D.R.B. Fees 24,000
Investment Earnings 150,000
Transfer from H.R.A. Fund 152.800
Total Revenue by Source $756,660
APPROPRIATIONS:
Redevelopment $515,851
CDBG programs 240.809
Total Appropriations $756,660
2. that a copy of this resolution be submitted to the City Council of the City of Brooklyn
Center.
Date
EDA RESOLUTION NO. 98 21
introduced the following resolution and moved
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, 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.