RES 15-56Resolution 15-56
A Resolution of the City of Elk River Approving the 2016 Tax Levy for
Economic Development Purposes for the Elk River Economic Development
Authority
WHEREAS, the City Council of the City of Elk River has received a request from the
Economic Development Authority to levy a tax for the benefit of the Authority in the
amount of .01813% of estimated market value in the city for the year of 2016.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River
as follows: The City Council of the City of Elk River proposes that a tax in the amount of
.01813% of the estimated market value in the city be levied in the year 2016 for the benefit
of the City of Elk River Economic Development Authority to be used for Economic
Development Authority purposes as provided under Minnesota Statute 469.090 et.seq.
Passed and adopted this 8`h day of September 2015.
rt
Jo J. D tz, Ma
ATTEST:
Tina Allard, City Clerk
p0NERE0 61
NATURE