HRA RES 19-05ver
Resolution 19-05
A Resolution of the City of Elk River Housing and Redevelopment Authority
Establishing the Tax Levy for the Elk River Housing and Redevelopment
Authority for the City of Elk River, Minnesota
WHEREAS, Minnesota Statutes, Section 469.033, Subdivision 6, authorizes the Housing
and Redevelopment Authority to levy an amount not to exceed .0185 percent of the
estimated market value within the city to be used for housing and redevelopment purposes;
and,
WHEREAS, the Elk River Housing and Redevelopment Authority anticipates
expenditures in 2020 for various housing and redevelopment activities.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk
River, Minnesota, as follows: The Housing and Redevelopment Authority requests the City
Council of the City of Elk River, levy a tax in the amount of $370,250 for the benefit of the
Authority to be used as provided by Minnesota Statutes.
Passed and adopted this 3rd day of September, 2019.
Larry Toth, Chair
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