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HomeMy WebLinkAbout20091221 - VIII-C-2-C CITY OF HASTINGS RESOLUTION # . 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 21st DAY OF December, 2009. Ayes: Nays: ________________________ Paul Hicks, Mayor ATTEST: _________________________________ Melanie Mesko Lee, Assistant City Administrator/City Clerk