Title
RESOLUTION PROPOSING THE SUM TO BE RAISED BY TAXATION FOR THE SPECIAL TAXING DISTRICT, HOUSING AND REDEVELOPMENT AUTHORITY, FOR THE YEAR 2016.
Body
CITY PROPOSAL:
RESOLVED, that pursuant to Minnesota Statutes, Section 469.033, subdivision 6, the city council adopts the following proposed property tax levy:
Section 1. The sum to be raised by taxation for the year 2016 for the housing and redevelopment authority taxing district’s operation is hereby determined to be the sum of $974,879 which sum is levied against the taxable property of the city of Duluth and appropriated to the various accounts as set forth in the following sections, see Exhibit A.
Section 2. That pursuant to Minnesota Statute 469.033, subdivision 6, there will be levied for the purpose of providing for the housing and redevelopment authority special taxing district the sum of $974,879.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution sets the proposed tax levy for the year 2016 for the Duluth housing and redevelopment authority - HRA. HRA is proposing a $141,918 increase from the 2015 levy.