HomeMy WebLinkAbout1998 09-14 HRAP HRA MEETING
City of Brooklyn Center
September 14, 1998
• AGENDA
1. Call to Order
2. Roll Call
3. Approval of Agenda and Consent Agenda
-The following items are considered to be routine by the Housing and Redevelopment
Authority and will be enacted by one motion. There will be no separate discussion of these
items unless a Commissioner so requests, in which event the item will be removed from the
consent agenda and considered at the end of Commission Consideration Items.
a. Approval of Minutes
Commissioners not present at meetings will be recorded as abstaining from the vote
on the minutes.
.
7. Commission Consideration Items
a. HRA 1999 Tax Levy and Budget
• 1. Resolution Establishing the Preliminary Tax Levy for the Brooklyn Center
Housing and Redevelopment Authority for the Year 1999
2. Resolution Approving the Preliminary Brooklyn Center Housing and
Redevelopment Authority Budget for the Year 1999 Pursuant to MSA
Chapter 469.033, Subdivision 6 and MSA Chapter 469.107, Subdivision 1
-Requested Commission Action:
-Motion to adopt resolutions.
8. Adjournment
MEMORANDUM
TO: Michael J. McCauley, City Manager
FROM: Charlie .Hansen, Finance Director C �{
DATE: September 8, 1998
SUBJECT: Preliminary H.R.A. 1999 Tax Levy and Budget
Attached are resolutions adopting a preliminary 1999 H.R.A. Budget and requesting the
City Council to levy a preliminary 1999 property tax on behalf of the H.R.A.
The H.R.A. is limited by state law to a property tax levy of no more than 0.0144% of the
City's taxable market value. In past years, the City has always levied this maximum
amount. For 1999, we expect this levy will raise $138,656 less $4,160 for the 3%
estimated uncollectible allowance, for a net revenue of $134,496. We also expect to
receive $18,304 of homestead credit from the State of Minnesota. These revenues total
$152,800. The entire amount will be transferred to the E.D.A. which has more flexibility
• under state law to conduct programs.
•
its adoption: Member introduced the following resolution and moved
•
HRA RESOLUTION NO.
RESOLUTION ESTABLISHING THE PRELIMINARY TAX LEVY FOR THE
BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY
FOR THE YEAR 1999
WHEREAS, Minnesota statutes currently require certification to the Hennepin
County Auditor of a preliminary tax levy on or before September 15, 1998 and a final tax levy on
or before December 28, 1998.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
Authority of the City of Brooklyn Center as follows:
Section 1: That there be and hereby is levied a property tax for the Housing and
Redevelopment Authority, for the year 1999, at a rate of 0.0144% of taxable market value of all
taxable property; real and personal, situated within the corporate limits of the City of Brooklyn
Center, Minnesota and not exempted by the Constitution of the State of Minnesota or the valid
laws of the State of Minnesota, for the purpose of establishing an H.R.A. Fund and conducting
the operation of a H.R.A. pursuant to the provisions of MSA 469.001 through 469.047.
Section 2: That the consent resolution by City the Ci Council of the City of
Brooklyn Center to this special tax for the operation of the Housing and Redevelopment Authority
be attached to this resolution and made a part of it.
Date Chairman
The motion for the adoption of the foregoing resolution was duly seconded by member
and upon vote being taken thereon, the following voted in favor
thereof:
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.
Member introduced the following resolution and moved
• its adoption:
HRA RESOLUTION NO.
RESOLUTION APPROVING THE PRELIMINARY BROOKLYN CENTER
HOUSING AND REDEVELOPMENT AUTHORITY BUDGET FOR THE YEAR
1999 PURSUANT TO MSA CHAPTER 469.033, SUBDIVISION 6 AND MSA
CHAPTER 469,107, SUBDIVISION t
WHEREAS, the Brooklyn Center Housing and Redevelopment Authority has
considered the preliminary budget and finds that this budget is necessary for the operation of the
Brooklyn Center Housing and Redevelopment Authority during the year 1999.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
Authority for the City of Brooklyn Center as follows:
1. that the preliminary budget of the Housing and Redevelopment Authority for said City is
hereby approved and shall be:
ESTIMATED REVENUES:
General Property Taxes $134,496
• Intergovernmental Revenue Homestead Credit 18.304
Total Revenue by Source - $152,800
APPROPRIATIONS:
Transfer to E.D.A. Fund $152,800
2. that a copy of this resolution, together with the preliminary budget, be submitted to the
City Council of the City of Brooklyn Center.
Date Chairman
The motion for the adoption of the foregoing resolution was duly seconded by member
and upon vote being taken thereon, the following voted in favor
thereof:
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.
•