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RES 87-1 } • RESOLUTION 87 - 1 RESOLUTION OF THE CITY OF ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION APPROVING THE CITY OF ELK RIVER HOUSING REDEVELOPMENT AUTHORITY BUDGET FOR 1988 WHEREAS, the Housing and Redevelopment Authority anticipates expenditures in 1988 for economic developmnent and growth management, and; WHEREAS, pursuant to Minnesota Statute 462.545, Subdivision 6, the Housing and Redevelopment Authority budget must be approved before a special tax can be levied. NOW, THEREFORE, BE IT RESOLVED by the City of Elk River Housing and Redevelopment Authority that the attached budget for the Housing and Redevelopment Authority is hereby approved. Passed by the Elk River Housing and Redevelopment Authority this 31st day of August, 1987. • r� atty./ C Estelle E. Gunkel,Chair •