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Approving the HRA Budget for the Fiscal Year 2016 and the levying of the Housing and Redevelopment 2016 tax levy.
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WHEREAS, the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) has adopted the HRA Budget for the fiscal Year 2016 through its Resolution 15-2202, subject to the approval of the Council of the City of Saint Paul: and
WHEREAS, the Board of Commissioners of the HRA, pursuant to the provisions of Minnesota Statutes, Section 469.033, has levied the housing and redevelopment tax to be collected in 2016 through its resolution 15-2202, subject to the approval of the Council of the City of Saint Paul: and
WHEREAS, the housing and redevelopment tax is necessary for the financing of appropriations within the 2016 HRA Budget, and
NOW, THEREFORE, BE IT RESOLVED by the Saint Paul City Council that:
1. Pursuant to the provisions of Minnesota Statutes, Section 469.033, the housing and redevelopment tax levied by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota, to be collected in 2016 is $3,278,148 and is hereby approved
2. Pursuant to the provisions of Minnesota Statutes 469.033, the City Clerk is hereby directed to certify this Tax Levy Resolution to the County Auditor of Ramsey County immediately upon adoption and approval of this resolution.
3. Pursuant to the provisions of Minnesota Statutes 469.033. The HRA Budget for the fiscal year ending December 31, 2016 as adopted by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota, is hereby approved.
4. The City’s Director, Office of Financial Services, staff and legal counsel for the City are further directed and authorized to take all actions necessary to implement this Resolution.