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00-085 RES RESOLUTION 00-85 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION APPROVING A TAX RATE INCREASE FOR THE 2000 TAX LEVY, COLLECTIBLE IN 2001 WHEREAS, the City Council of the City of Elk River has reviewed the 2000 tax levy for taxes payable in 2001 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 2001 that is higher than the tax rate calculated pursuant to Minnesota Statutes 275.078 for the City for taxes levied in 1999, payable in 2000. 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 9th day of October, 2000. Stepl~anie A. Klinzing, ~I~yor ~andra A. Peine, City Clerk s: \ document \ resoluti \ OOtaxlev.doc