RES 24-56��
El*=::
River
City of Elk River
City Council
Resolution 24-56
A Resolution of the City Council of the City of Elk River Approving the 2025
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 to 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 2025.
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
River,certify a tax levy in the amount of $427,000 in the year 2025 for the benefit of the City
of Elk River Economic Development Authority to be used for economic development
4 purposes as provided under Minnesota Statute 469.090 et. Seq.
Passed and adopted this 16t' day of September 2024.
YD etz 1 lla� r
ATTEST:
V
Tina Allard, City Clerk
NATURE