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HomeMy WebLinkAbout1999-024 EDAR1 its adoption: 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 2000. 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 $202,240 Intergovernmental Revenue CDBG 241,308 I.D.R.B. Fees 12,000 Investment Earnings 30,000 Transfer from H.R.A. Fund 164.166 Total Revenue by Source $649,714 APPROPRIATIONS: Redevelopment $408,406 CDBG programs 241.308 Total Appropriations $649,714 2. that a copy of this resolution be submitted to the City Council of the City of Brooklyn Center. December 13, 1999 Member Kay Lasman EDA RESOLUTION NO. 99 -24 introduced the following resolution and moved RESOLUTION APPROVING THE FINAL BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 2000 PURSUANT TO MSA CHAPTER 469.107. SUBDIVISION 1 Date The motion for the adoption of the foregoing resolution was duly seconded by member Ed Nelson 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.