RES 18-54ver
Resolution 18- 54
A Resolution of the City of Elk River Approving the 2019 Tau Levy for
Economic Development Purposes for the Elk River Economic Development
Authority
WHEREAS, the Economic Development Authority for the City of Elk River has
requested that the city authorize a tax levy for the benefit of the EDA for economic
development purposes; and,
WHEREAS, the City Council of the City of Elk River has consented to this levy for the
year 2019.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk
River, Minnesota, as follows: The Economic Development Authority for the City of Elk
River certify a tax levy in the amount $332,600 in the year 2019 for the benefit of the City of
Elk River Economic Development Authority to be used for economic development
purposes as provided under Minnesota Statute 469.090 etseo.
Passed and adopted this 17`" day of September 2018.
J 1 n J. ietz, 1 or
ATTEST:
Tina Allard, City Clerk
PRC'RR I E
N URE