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<br />. <br /> <br />OCT-06-2003 12:35 <br /> <br />RAMSEY COUNTY BOARD <br /> <br />6512668370 P.04/04 <br /> <br />DRAFT <br /> <br />. <br /> <br />RESOLUTION <br /> <br />,.' <br /> <br />WHEREAS, The Truth in Taxation Law requires the Ramsey County <br />Housing and Redevelopment Authority to certify a proposed net tax levy each <br />year to the Property Records and Revenue Department (County Auditor); and <br /> <br />WHEREAS, The Minnesota Department of Revenue has notified the <br />Ramsey County Housing and Redevelopment Authority that the proposed net tax <br />levy to finance the 2004 budget must be certified by September 15. 2003; and <br /> <br />WHEREAS, A provision of the Truth in Taxation Law is that the approved <br />net tax levy for the 2004 budget cannot be more than the proposed tax levy <br />certified by the Ramsey County Housing and Redevelopment Authority by <br />September 15, 2003; and <br /> <br />WHEREAS, In order to continue to improve the quality of life and access <br />to services in the region and to remain a partner with our suburban communities . <br />in achieving mutually agreeable housing and economic development goals; and <br /> <br />WHEREAS, The 2004 maximum allowable levy for the Ramsey County <br />Housing and Redevelopment Authority is $2,605,300; Now, Therefore Be It <br /> <br />RESOLVED, That the Ramsey County Hou'sing and Redevelopment <br />Authority hereby establishes the proposed net tax levy for the Truth in Taxation <br />Law to finance the 2004 budget in the amount of $805,800. . <br /> <br />. <br /> <br />TOTAL P.04 <br />