Title
Resolution Levying the Housing and Redevelopment Authority Property Tax, Payable in the Year 2012, on all Real and Personal Property within the City of Saint Paul and Adopting the 2012 HRA Budget
Body
WHEREAS, the Executive Director has submitted her recommended Budget for the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota for the fiscal year beginning January 1, 2012; and
WHEREAS, the above stated budget is shown in the Budget Document, Proposed Budget-Year 2012- Housing and Redevelopment Authority of the City of Saint Paul, Minnesota. Total appropriations and financing are included in the following funds and amounts:
HRA General Fund $ 5,741,842
HRA Debt Service Fund 29,594,407
HRA Federal and State Programs Fund 2,400,000
HRA Tax Increment Fund -0-
HRA Loan Enterprise Fund 3,515,508
HRA Parking Enterprise Fund 18,021,754
Total $59,273,511
NOW, THEREFORE BE IT RESOLVED, that pursuant to the provisions of Minnesota Section 469.033, Subdivision 6, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota does hereby levy the Housing and Redevelopment Property Tax payable in the year 2012, on all real and personal property within the City of Saint Paul, computed in the manner provided by Minnesota Statutes, Section 469.033, Subdivision 6, with all adjustments authorized by law. The Housing and Redevelopment Tax payable in 2012, is $3,178,148 which amount is authorized by law.
FURTHER RESOLVED, that the HRA Budget for the fiscal year beginning January 1, 2012, as shown in the Budget document: Proposed Budget-Year 2012-Housing and Redevelopment Authority of the City of Saint Paul is hereby adopted, as revised by the Board of Commissioners; and, be it
FINALLY RESOLVED, that the Executive Director is hereby authorized and directed to submit the 2012 HRA Budget to the Mayor of the City of Saint Paul to be submitted to the Council of the City of Saint Paul for consideration, approval, and certification in the manner provided by law.