RES 09-03• RESOLUTION 09- 03
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
2010
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
2010 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 3� day of
August,2009.
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Catherine Mehelich,Executive Director
•
S:\EDA\HRA\Resolutions\2009\09-03 HRA1OLEVY.DOC