HomeMy WebLinkAbout1999-017 EDAR1
1
its adoption:
Member Robert Peppe introduced the following resolution and moved
EDA RESOLUTION NO. 99 17
RESOLUTION APPROVING THE PRELIMINARY BROOKLYN CENTER
ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 2000
PURSUANT TO MSA CHAPTER 469.107. SUBDIVISION 1
WHEREAS, the Brooklyn Center Economic Development Authority has considered
the preliminary budget and fmds that this budget is necessary for the operation of the Brooklyn
Center Economic Development Authority during the year 2000.
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 for said City is hereby
approved and shall be:
ESTIMATED REVENUES:
General Property Taxes $202,240
Intergovernmental Revenue CDBG 241,308
I.D.R.B. Fees 12,000
Investment Earnings 30,000
Transfer from H.R.A. Fund 164.715
Total Revenue by Source $650,263
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.
September 13, 1999
Date
$408,955
241.308
$650,263
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:
Mynra 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.