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HomeMy WebLinkAboutCity Council Resolution 2007-383CITY OF PLYMOUTH RESOLUTION NO. 2007-383 AUTHORIZING THE 2008 HRA LEVY WHEREAS, pursuant to Minnesota Statutes, Section 469.090 to 469.108 (the "EDA Act'), the City Council of the City of Plymouth created the Housing and Redevelopment Authority in and for the City of Plymouth, Minnesota. (the "Authority"); and WHEREAS, pursuant to the HRA Act, the City Council granted to the Authority all of the powers and duties of a housing and redevelopment authority under the provisions of the Minnesota Statutes, sections 469.001 to 469.047 (the "HRA Act'); and WHEREAS, Section 469.033, subdivision 6 of the HRA Act permits the Authority to levy a tax upon all taxable property within the City to be expended for the purposes authorized by the HRA Act; and WHEREAS, such levy may be in an amount not to exceed 0.0144 percent of taxable market value of the City; and WHEREAS, the Authority has filed its budget for the special benefit levy in accordance with the budget procedures of the City; and WHEREAS, based upon such budgets the Authority will levy all or such portion of the authorized levy as it deems necessary and proper; NOW, THEREFORE, BE IT RESOLVED, by the Plymouth City Council: That approval is hereby given for the Authority to levy, for taxes payable in 2008, such tax upon the taxable property of the City as the Authority may determine, subject to the limitations contained in the HRA Act. Adopted by the City Council on September 11, 2007. STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on September 11, 2007 with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this day of City Clerk