Agenda

HOUSING AND REDEVELOPMENT AUTHORITY AGENDA
Tuesday, December 3, 2019
Immediately Following Regular City Council Meeting
Coon Rapids City Center
Council Chambers


					Call to Order

					Roll Call

					Approval of Minutes of Previous Meeting

					New Business

	1.				HRA Budget and Tax Levy

					Other Business

					Adjourn


HRA Regular		1.
Meeting Date:	12/03/2019
Subject:	HRA Budget and Tax Levy
From:	Francine Hanson, Finance Director

INTRODUCTION
The Housing and Redevelopment Authority for the City of Coon Rapids (HRA) must approve the budget and tax levy for 2020.
DISCUSSION
The budget for the HRA is included in the 2020 City Budget as the Housing and Redevelopment Fund. Because the HRA is considered to be a separate entity, a budget and tax levy need to be adopted by the HRA. Staff has proposed a levy of $725,000, which is consistent with amount levied in the past several years. The 2020 proposed budget can be viewed on the City website here: http://www.coonrapidsmn.gov/549/Finance.
RECOMMENDATION
HRA Budget and Tax Levy: a. Adopt Resolution HRA 19-3 adopting the 2020 HRA tax levy. b. Adopt Resolution HRA 19-4 adopting the 2020 HRA budget.

Attachments
Resolution 19-3 HRA Tax Levy
Resolution 19-4 HRA Budget