HomeMy WebLinkAbout1995 09-13 EDAP Special Session • CITY COUNCIL AGENDA -2- September 13, 1995
EDA AGENDA
CITY OF BROOKLYN CENTER
SEPTEMBER 13, 1995
(following adjournment of City Council meeting)
SPECIAL SESSION
THE ITEMS LISTED ON THIS AGENDA ARE THOSE
ITEMS WHICH WERE TABLED FOR FURTHER
CONSIDERATION AT THIS EVENINGS MEETING
1. Call to Order
2. Roll Call
3. Commission Consideration Items 1. , 57
a. Resolution Approving the Preliminary Brooklyn Center Economic
Development Authority Budget for the Year 1996 Pursuant to MSA Chapter
469.107, Subdivision 1
• b. Resolution Requesting the City of Brooklyn Center to Levy Taxes for the
Benefit of the Brooklyn Center Economic Development Authority for the Year
1996
5. Adjournment
•
Member introduced the following resolution and
• moved its adoption:
EDA RESOLUTION NO.
RESOLUTION APPROVING THE PRELIMINARY BROOKLYN CENTER
ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1996
PURSUANT TO MSA CHAPTER 469.107 SUBDIVISION 1
WHEREAS, the Brooklyn Center Economic Development Authority has
considered the preliminary budget and finds that this budget is necessary for the operation of the
Brooklyn Center Economic Development Authority during the year 1996.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority for the City of Brooklyn Center that the budget of the Economic Development
Authority for said City shall be:
1 • APPROPRIATIONS:
Administration $152,087
Redevelopment 396,876
Rehab of Private Property 100,777
Special Studies / Projects 34,306
6
TOTAL APPROPRIATIONS $684,046
2. ESTIMATED REVENUES
General Property Taxes $171,90")
Intergovernmental Revenue CDBG 270,083
Investment Earnings 105
Transfer from H.R.A. Fund 137,060
TOTAL REVENUE BY SOURCE $684,046
BE IT FURTHER RESOLVED that a copy of this resolution be submitted to the
City Council of 'the City of Brooklyn Center.
• Date President
RESOLUTION NO.
The motion for the adoption of the foregoing resolution was duly seconded by member
favor thereof: and upon vote being taken thereon, the following voted in
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.
I .
•
Member introduced the following resolution and
• moved its adoption:
EDA RESOLUTION NO.
RESOLUTION REQUESTING THE CITY OF BROOKLYN CENTER TO
LEVY TAXES FOR THE BENEFIT OF THE BROOKLYN CENTER
ECONOMIC DEVELOPMENT AUTHORITY FOR THE YEAR 1996
WHEREAS, Minnesota statutes currently require certification of a preliminary tax
levy to the Hennepin County Auditor on or before September 15, 1995 and a final tax levy on
or before December 28, 1995.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority of the City of Brooklyn Center as follows:
Section 1: That the Economic Development Authority requests the City of
Brooklyn Center to levy a property tax for the benefit of the Economic Development Authority,
for the year 1996 at a rate not to exceed 0.01813% of 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 maintaining the E.D.A. Special Operating Fund pursuant to MSA Chapter 469.107,
Subdivision 1.
•
Section 2: The City of Brooklyn Center will include the Economic
Development Authority's tax levy in the City of Brooklyn Center's preliminary tax levy to the
Hennepin County Auditor on or before September 15, 1995, and a final tax levy on or before
December 28, 1995.
Date President
The motion for the adoption of the foregoing resolution was duly seconded by member
favor thereof: and upon vote being taken thereon, the following voted in
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.
•