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HomeMy WebLinkAbout20090908 - VIII-C-3-C CITY OF HASTINGS RESOLUTION NO . RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HASTINGS APPROVING A PROPOSED 2010 EDRA SPECIAL TAX LEVY WHEREAS, the Hastings Economic Development and Redevelopment Authority (the “Authority”) was created by the City Council of the City of Hastings (the “City”) pursuant to Minnesota Statues, Sections 469.090 to 469.1081; and WHEREAS, the Authority was granted all of the powers of a municipal housing and redevelopment authority under Minnesota Statues, Sections 469-001 to 469-047 (the “Act”); and WHEREAS, Section 469.033, Subdivision 6, of the Act, as amended, permits the Authority to levy and collect a special benefit tax of up to .0185 percent of taxable market value in the City upon all taxable property, real and personal, within the City; and WHEREAS, the Authority desires to levy such tax based upon the limit of .0185 % of the taxable market value for a total of $320,000, and WHEREAS, the levy of such a special benefit tax is subject to consent by Resolution of the City Council of the City of Hastings. NOW, THEREFORE BE IT RESOLVED, by the Hastings City Council that the City of Hastings HRA Special Levy be granted, subjected to the limit of .0185 percent of taxable market value as per Minnesota Statue. ADOPTED BY THE CITY COUNCIL OF THE CITY OF HASTINGS THIS 8th DAY OF SEPTEMBER, 2009. Ayes: Nays: ________________________ Paul Hicks, Mayor ATTEST: _________________________________ Melanie Mesko Lee, Assistant City Administrator/City Clerk HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY Resolution No. ~- ZO ~ ~/ August 13, 2009 AUTHORIZING THE LEVY OF A SPECIAL BENEFIT TAX PURSUANT TO MINNESOTA STATUTES SECTION 469.033, SUBDIVISION 6, AND APPROVAL OF A BUDGET FOR FISCAL YEAR 2010 Commissioner ~ ~ Q {~ t ~ introduced the following resolution and moved its adoption: WHEREAS, the Hastings Economic Development and Redevelopment Authority (the "Authority) was created by the City Council of the City of Hastings (the "City") pursuant to Minnesota Statutes, Sections 469.090 to 469.1081; and WHEREAS, the Authority was granted alI of the powers of a municipal housing and redevelopment authority under Minnesota Statutes, Sections 469.001 to 464.047 (the "Act"); and WHEREAS, Section 469.033, Subdivision 6, of the Act, as amended, permits the Authority to levy and collect a special benefit tax of up to .0185 percent of taxable market value in the City upon all taxable property, real and personal, within the City; WHEREAS, the Authority desires to levy such tax in the amount of .0185 percent of taxable market value in the City; and WHEREAS, the levy of such a special benefit tax is subject to the approval by resolution of the City Council of the City; and WHEREAS, the Authority is required pursuant to Section 469.033, Subdivision 6, of the Act to, in connection with the levy of such a special benefit tax, formulate and f le a budget in accordance with the budget procedure of the City in the same manner as required of executive departments of the City; and WHEREAS, the Authority has before it for its consideration a copy ofa budget for its operations for the fiscal year 20I 0. NOW, THEREFORE, be it resolved by the Board of Commissioners of the Authority. Section 1. The budget for the operations of the Authority presented for consideration by the Authority is hereby in all respects approved. Section 2. The Authority hereby authorizes and forwards said budget to the City Council for its approval. Section 3. There is hereby levied, subject to the approval of the City Council, a special benefit tax pursuant to Minnesota Statutes. Section 469.033, Subdivision 6, in the amount of .OI 85 percent of taxable market value within the City. Section 4. The Authority hereby requests the approval by resolution of the City Council of the City of Hastings of the special tax benefit so Ievied pursuant to this Resolution and requests the City Council to take such other actions as are necessary to levy and certify such tax. Commissioner _ to a vote it was adopted: Ayes: ~ Nays: O Absent: 3 seconded the resolution and upon being put President Attest: f~.-e e F'1 a~ ' ector