99-074 RESRESOLUTION 99-_7_~
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION APPROVING A TAX RATE INCREASE FOR THE
1999 TAX LEVY, COLLECTIBLE IN 2000
WHEREAS,
the City Council of the City of Elk River has reviewed the 1999
tax levy for taxes payable in 2000 and determined that a tax
rate increase is necessary.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Elk River as follows: The City Council of the City of Elk River proposes that
the Sherburne County Auditor is authorized to fix a property tax rate for
taxes payable in 2000 that is higher than the tax rate calculated pursuant to
Minnesota Statutes 204B.135 for the City for taxes levied in 1998, payable in
1999.
BE IT FURTHER RESOLVED that the adoption of this resolution does not
prohibit the City from certifying a final levy that will result in no tax rate
increase or a tax rate decrease.
Passed and adopted by the City Council of the City of Elk River, Minnesota
this 11th day of October, 1999.
ATTEST:
Sandra A. Peine, City Clerk
' Stephanie A. Klinzingf-~ayo9
s: \ document \ resoluti \ 99taxlev.doc