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RES 23-37`�'— = City of Elk River .ver City Council Resolution 23-37 A Resolution of the City Council of the City of Elk River Approving the 2024 Tax Levy for Economic Development Purposes for the Elk River Economic Development Authority. WHEREAS, the Economic Development Authority (EDA) 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 2024. 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 certify a tax levy in the amount of $415,950 in the year 2024 for the benefit of the City of Elk River Economic Development Authority to be used for economic development 4, J� purposes as provided under Minnesota Statute 469.090 et. Seq. Passed and adopted this 18`' day of September 2023. Wj.ie� or ATTEST: Tina Allard, City Clerk INATUREI