RES 10-02• RESOLUTION 10 - 02
A RESOLUTION OF THE ELK RIVER
HOUSING AND REDEVELOPMENT AUTHORITY
A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE
ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY
FOR COLLECTION IN YEAR 201 I
WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing and
Redevelopment Authority to levy an amount not to exceed .01440 percent of the
taxable market value of property within the city to be used for housing and
redevelopment purposes; and,
WHEREAS, the Elk River Housing and Redevelopment Authority anticipates expenditures in
2011 for various housing and redevelopment activities; and,
WHEREAS, the Housing and Redevelopment Authority will adopt and approve its budget before
a special tax can be levied.
• NOW, THEREFORE, BE IT RESOLVED that the Housing and Redevelopment Authority
requests that the City Council of the City of Elk River, Minnesota, levy a special tax of .01440
percent of taxable market value of the city for the benefit of the Authority to be used for purposes
as provided in Minnesota Statutes.
Passed and adopted by the Elk River Housing and Redevelopment Authority this 2nd day of
August, 2010. ~
~ ~-
i .
Stewart Wilson, Chair
ATTEST:
Catherine Mehelich, Executive Director
•
N:\Departments\Community Development\Economic Development\HRA to move\Resolu[ions\2010\10-02 HRA 2011 LEVY.DOC