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HRA RES 22-01of ver Resolution 22-01 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 2023 for various housing and redevelopment activities. NOW, THEREFORE, BE IT RESOLVED: That the Elk River Housing and Redevelopment Authority requests the City Council for the City of Elk River to levy a tax in the amount of $402,200 for the benefit of the Authority to be used as provided by Minnesota Statutes. Passed and adopted this 6'' day of September, 2022. ATTEST: r Brent O'Neil, HRA Executive Director r0WIa10 sr NATURE-1