Akeley council dissolves local HRA, transfers roughly $13,178 to community projects fund
The council voted to dissolve the Akeley Housing and Redevelopment Authority and transfer approximately $13,178.70 in assets to the city's Community Projects Fund; council agreed the funds should be used for a permanent project or to retire debt.
The full story
The Akeley City Council voted to dissolve the Akeley Housing and Redevelopment Authority (HRA) after staff reported the HRA did not provide a treasurer's report and had assets totaling about $13,700 (later reconciled to $13,178.70). Kristi Kath told the council she had asked the HRA to deliver a resolution confirming transfer of assets to the city; after that resolution is received the city will formally accept and record the dissolution.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in