HomeMy WebLinkAboutIV.D - Resolution - 2021 LevyHASTINGS ECONOMIC DEVELOPMENT
AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 2020-06
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 2021
Commissioner introduced the following resolution and moved its
adoption:
WHEREAS, the Hastings Economic Development and Redevelopment Authority
in and for the City of Hastings (the “Authority”) was created by the City Council of the
City of Hastings (the “City”) pursuant to Minnesota Statutes, Sections 469.090 to
469.1082, with all powers of a housing and redevelopment authority as set forth in the
Municipal Housing and Redevelopment Act, Minnesota Statutes, Sections 469.001 to
469.047 (formerly, Sections 462.411 to 462.711) (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 in the amount of 0.0185
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 file
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 of a budget
for its operations for the fiscal year 2021
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 .0185 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 levied pursuant to this
Resolution and requests the City Council to take such other actions as are necessary to
levy and certify such tax.
Commissioner seconded the resolution and upon being put
to a vote it was adopted:
Ayes:
Nays:
Absent:
This Resolution was duly adopted this 12th day of November, 2020.
__________________________________________
Martha Sullivan, President
ATTEST:
_____________________________
John Hinzman, Acting Secretary
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E
S
,
S
U
B
S
C
R
I
P
T
I
O
N
S
,
M
E
1
,
4
1
5
.
0
0
5
4
0
.
0
0
7
,
0
0
0
.
0
0
7
,
0
0
0
.
0
0
40
7
1
8
0
1
5
0
2
6
4
5
0
M
I
S
C
E
L
L
A
N
E
O
U
S
3
1
7
.
5
4
‐
1
,
0
0
0
.
0
0
1
,
0
0
0
.
0
0
40
7
1
8
0
1
5
0
2
6
5
9
0
C
O
N
T
R
A
C
T
O
R
S
&
C
O
N
S
T
U
R
3
0
,
9
8
4
.
4
2
‐
1
0
0
,
0
0
0
.
0
0
1
0
0
,
0
0
0
.
0
0
40
7
1
8
0
1
5
0
2
6
7
0
1
L
O
S
S
O
N
S
A
L
E
O
F
L
A
N
D
6
3
0
,
5
2
6
.
0
0
‐
‐
‐
40
7
1
8
0
1
5
0
2
6
7
2
0
O
P
E
R
A
T
I
N
G
T
R
A
N
S
F
E
R
O
U
‐
‐
1
8
,
0
1
5
.
0
0
1
8
,
0
1
5
.
0
0
40
7
1
8
0
6
0
0
3
6
7
2
0
O
P
E
R
A
T
I
N
G
T
R
A
N
S
F
E
R
O
U
1
4
,
2
3
0
.
2
5
1
2
,
1
2
6
.
0
0
‐
‐
TO
T
A
L
E
X
P
E
N
D
I
T
U
R
E
S
9
6
6
,
5
5
0
.
8
1
3
0
5
,
2
6
8
.
7
8
6
7
4
,
3
2
0
.
0
0
6
8
0
,
6
6
4
.
0
0
RE
V
E
N
U
E
S
O
V
E
R
/
(
U
N
D
E
R
)
E
X
P
E
N
D
I
T
U
R
E
S
(
9
3
7
,
2
7
6
.
9
2
)
8
4
,
2
1
2
.
9
7
(
2
2
7
,
8
2
4
.
0
0
)
(
2
3
4
,
1
6
8
.
0
0
)