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85-3 CITY OF CHANHASSEN HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION DATE: July 11r 1985 MOTION BY: Robbins RESOLUTION NO.: 85-3 SECONDED BY: Bohn RESOLUTION ADOPTING 1985 HRA OPERATING BUDGET WHEREAS, the HRA Executive Director has prepared and recom- mended a 1985 Operating Budget for the HRA; and WHEREAS, said recommended Budget was presented to this Authority and duly reviewed and discussed at a regular meeting held on July 11, 1985; and WHEREAS, this Authority finds that said Operating Budget ade- quately responds to the anticipated needs of this Authority during 1985; 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 1985 Operating Budget (identified as Tax Increment Fund 4460) is hereby approved as presented by the Executive Director, and as attached and made a part of this Resolution. Adopted this llth day of July, 1985. Clifford Whitehill, Chairman ATTEST: Don Ash~-6r-th, Ex~tlve-~ector YES NO ABSENT Bohn None Swenson Robbins Whitehill Horn