RES 07-109• RESOLUTION 07.109
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
FOR COLLECTION IN 2008
WHEREAS, the Elk River City Council has reviewed the City's anticipated
expenditures for all funds in 2008; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2008; and,
WHEREAS, the Elk River City Council has held a public hearing and received
public input on the tax levy.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
the following amounts be levied as property taxes payable in 2008.
General Fund Levy
$ 9,139
350
Library ,
78,350
Surface Water Management 100
000
City Special Assessments ,
18,286
1994 Storm Sewer Bonds 117,380
2005 Improvement Bonds 89,900
2007 Improvement Bonds 122,864
2007 Certificate of Indebtedness 112,226
2006 Certificate of Indebtedness 95,869
2005 Certificate of Indebtedness 155
478
Public Safety Lease Revenue Bonds ,
634,440
Economic Development Tax Abatement 97,168
TOTAL $10,761,311
Passed and adopted by the City Council of the City of Elk River this 17th
day of December, 2007.
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Stepha ie Klinzing, Mayo
ATTEST•
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Tina Allard, City Clerk
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