RES 19-46City of
Elk -
River
Resolution 19- 46
A Resolution of the City of Elk River Approving the 2020 Tax 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 the city authorize to levy a tax 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 2020.
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 of $334,450 in the year 2020 for the benefit of the City
of Elk River Economic Development Authority to be used for economic development
purposes as provided under Minnesota Statue 469.090 et.seq.
Passed and adopted this 16'h day of September, 2019.
ATTEST:
Tina Allard, City Clerk
Wnj. , N yor
OMiEAEYer[N'ATURE