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86-05 CITY OF CHANHASSEN HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION DATE: SeDtember 18r 1986 RESOLUTION NO.: 86-05 MOTION BY: Whitehill SECONDED BY: Horn RESOLUTION ADOPTING 1987 OPERATING BUDGET WHEREAS, the HRA Executive Director has prepared and recommended a 1987 Operating Budget for the HRA; and WHEREAS, said recommended Budget was presented to this Authority and duly reviewed and discussed at its regular meeting held on September 18, 1986; and WHEREAS, this Authority finds that said Operating Budget adequately responds to the anticipated needs of this Authority during 1987; and WHEREAS, this Authority finds that said Budget is based upon reasonable revenue assumptions to the best of our knowledge. NOW, THEREFORE, BE IT RESOLVED, by the Commissioners of the Chanhassen Housing and Redevelopment Authority that the 1987 Operating Budget (identified as Tax Increment Fund %460) is hereby approved as presented by the Executive Director, and as attached and made a part of this Resolution. , Passed and adopted this 18th day of SeDtember, 1986, by the Housing and Redevelopment Authority of the City of Chanhassen, Minnesota. Executive Directo~ Clifford Whitehill, Chairman Yes No Absent Horn None Robbins Whitehill Bohn Swenson