DISCLAIMER

 

06-0630R AS AMENDED

RESOLUTION PROPOSING THE SUM TO BE RAISED BY TAXATION FOR THE SPECIAL TAXING DISTRICT, HOUSING AND REDEVELOPMENT AUTHORITY, FOR THE YEAR 2007.

BY COUNCILOR STEWART:

     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 2007 for the housing and redevelopment authority taxing district’s operations is hereby determined to be the sum of $740,400 $614,900 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, viz:

     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 $740,400 $614,900.


STATEMENT OF PURPOSE:  This resolution sets the proposed tax levy for the year 2007 for the Duluth housing and redevelopment authority. The proposed levy will increase at the request of the authority $124,500 over 2006. The amount requested for 2007 is based on the full levy allowed by law of .0144 percent of market value.