86-072 RES
RESOLUTION 86- 72
A RESOLUTION OF THE CITY OF ELK RIVER
.
RESOLUTION AUTHORIZING TAX LEVIES FOR CALENDAR YEAR 1987
WHEREAS.
the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 1987; and,
WHEREAS.
the Elk River City Council has considered projected revenues for all
funds in 1987; and,
WHEREAS.
revenues from sources other than property taxes are insufficient to
cover anticipated expenditures of all funds.
NOW. THEREFORE. BE IT RESOLVED by the City Council of the City of Elk River
that the following dollar amounts be levied as property taxes payable
in 1987.
Old City
Urban
Rural Tax
New City
General Fund
Library
Dutch Elm
Infrastructure Replacement Fund
_1983 Certificate of Indebt.
85 Certificate of Indebt.
986 Certificate of Indebt.
1987 Certificate of Indebt.
1977 G.O. Refunding Bond
1977 G.O. Refunding & Imp. Bond
1979 Improvement Bond
1980 Improvement Bond
1982 Improvement Bond
1985 Refunding Bond
Dam Rehabilitation Loan
$
$356,941
28,594
$214,164
17,156
$
20,474
40,000
15,000
94,000
38,850
15,540
29,665
27 , 825
14,826
15,000
10,000
11 ,636
106,182
32,572
TOTALS
$60,474
$411,096
$385,535
$231,320
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Passed and adopted by the Elk River City Council this 6th day of October, 1986.
b/ / ~/ ...,_c;/'J J~/
<-.. ~_;;-~k4<~~~~-'iYc~~~(
Richard Hinkle, Mayor
ATTEST:
eMu! p ~~t,~-
Patrick D. K1aers,'City Administrator
Total
$571,105
45,750
15,000
94,000
38,850
15,540
29,665
27 , 825
35,300
40,000
15,000
10,000
11,636
106,182
32,572
$1,088,425
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