HomeMy WebLinkAboutX-E-02 Approve Proposed 2025 HEDRA - HRA Special Tax LevyCITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION __________
A RESOLUTION APPROVING A PROPOSED 2025 HEDRA-HRA 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 Statutes, 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 Statutes, 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; 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 City Council of the City of Hastings,
Minnesota; that the City of Hastings HRA Special Levy be granted subject to the limit of
.0185 percent of taxable market value as per Minnesota Statute.
Adopted this 3rd day of September 2024.
_______________________________
Mary Fasbender, Mayor
Attest:
_____________________
Kelly Murtaugh, City Clerk
X-E-02