87-064 RES
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The City Council for the City of Elk River, Minnesota
Resolution No. 87- 64
CITY COUNCIL 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 1988.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Elk River, as follows:
The City Council of the City 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 1988, for the benefit of the City of Elk
River Economic Development Authority to be used for
Economic Development Authority purposes as provided
under Minn. Stat. ~ 469.090 et seq..
This Resolution
the City Council of
adopted this 7th day of October, 1987, by
the City of Elk River.
!lbii/ r ~
Estelle Gunkel, Mayor
Il~J II /a~,
Pat Klaers, City Administrator
PKB:A07