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HomeMy WebLinkAboutResolution - HRA 2007-03 - 2008 HRA Property Tax Levy and Budget - 09/04/2007 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY H.R.A. RESOLUTION NO. 2007-03 A RESOLUTION APPROVING THE HRA PROPOSED 2008 PROPERTY TAX LEVY AND ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS WHEREAS, the Housing and Redevelopment Authority of the City of Eden Prairie has reviewed the proposed 2008 budget and tax levy; and WHEREAS, the Housing and Redevelopment Authority has decided to accept these recommendations at this time. NOW,THEREFORE, BE IT RESOLVED that the Housing and Redevelopment Authority: 1. Approves the following proposed taxes on real and personal property within the City of Eden Prairie for the 2008 budget contingent upon City Council approval. Levy on Tax Capacity $200,000 The proposed total Levy may not be exceeded when the City Council sets the final tax levy for 2008. 2. Approves the 2008 proposed budget totaling $200,000 at this time. ADOPTED by the Housing and Redevelopment Authority on September 4, 2007. Mil Young, Chai erson ATTEST: Scott H. Neal, Execu ive Direc r