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85-04 CITY OF CHANHASSEN HOUSING AND REDEVELOPMENT AUTHORITY DATE: October 17~ 1985 RESOLUTION RESOLUTION NO.: MOTION BY: Swenson SECONDED BY: Bohn RESOLUTION ADOPTING 1986 OPERATING BUDGET WHEREAS, the HRA Executive Director has prepared and recommended a 1986 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 October 17, 1985; and WHEREAS, this Authority finds that said Operating Budget adequately responds to the anticipated needs of this Authority during 1986; 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 1986 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 17th day of October, 1985, by the Housing and Redevelopment Authority of the City of Chanhassen, Minnesota. ATTES~~ ~ Executive'Direc~/'6r dlark Horn, Vice-Chairman Yes No Absent Horn None Whitehill Bohn Robbins Swenson