88-067 RES
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RESOLUTION 88 -67
A RESOLUTION OF THE CITY OF ELK RIVER
A RESOLUTION STATING THE PROPOSED AMOUNT OF LEVY FOR
ECONOMIC DEVELOPMENT AUTHORITY PURPOSES.
WHEREAS, the City Council of the City of Elk River has received
a request from the Economic Development Authority for
the City of Elk River to levy a tax for the benefit of
the Authority in the amount of .75 mill times the
assessed valuation of taxable property in the City for
the year 1989.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Elk River, as follows:
The City Council of the City of Elk River proposes that
a tax in the amount of .75 mill times the assessed
valuation of taxable property in the City be levied in
the year 1989, for the benefit of the City of Elk River
Economic Development Authority to be used for Economic
Development Authority purposes as provided under
Minnesota Statute 469.090 et sea..
Passed and adopted by the City Council of the City of Elk River
this 29th day of August, 1988.
UJb c: ~4a~
Estelle E. Gunkel, Mayor
ATTEST:
~/ J? ~~
Patrick D. Klaers, City Administrator