RES 11-03• RESOLUTION I i - 03
A RESOLUTION OF THE ELK RIVER
HOUSING AND REDEVELOPMENT AUTHORITY
A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE
ELK RIVER HOUSING AND REDEYELOPMENT AUTHORITY
FOR COLLECTION IN YEAR 2012
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
2012 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 bythe Elk River Housing and Redevelopment Authoritythis Ind day of
August, 2011.
r
Stewart Wilson, Chair
ATTEST:
~..,~..
Annie Deckert, Exe e Director
N:\Departmrns\CommunityDevelopment\Economic Developmnt\HRAto move\Resolutions\2011\1i-03 HRA2011 LEVY.doc