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00-106 RESRESOLUTION 00- ].06 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY FOR COLLECTION IN 2001 WHEREAS, the Elk River City Council has reviewed the City's anticipated expenditures for all funds in 2001; and, WHEREAS, revenues from sources other than property taxes are not sufficient to meet anticipated expenditures of all funds; and, WHEREAS, the Elk River City Council has received public input and comment on the Tax Levy and Budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that the following amounts are to be levied as property taxes payable in 2001: General Fund Street Replacement Lake Orono Library Dam Loan Development Fund Surface Water Management City Special Assessments 1994 Storm Sewer Bonds 2000 Certificate of Indebtedness 1999 Certificate of Indebtedness 1998 Certificate of Indebtedness 1997 Certificate of Indebtedness HACA Gross Levy Reduction NetLevy $ 4,340,783 $ 520,499 $3,820,284 126,540 9,877 116,663 17,631 2,114 15,517 66,650 7,992 58,658 32,572 3,906 28,666 137,383 16,473 120,910 61,350 7,356 53,994 27,717 3,324 24,393 112,387 13,476 98,911 54,000 6,475 47,525 38,450 4,610 33,840 22,010 2,639 19,371 21,038 2,523 18,515 TOTAL $ 5,058,511 $ 601,264 $4,457,247 Passed and adopted by the City Council of the City of Elk River this 11th day of December, 2000.~n g,M~~'