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00-107 RESRESOLUTION 00 - 107 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION APPROVING THE 2001 MUNICIPAL GENERAL FUND BUDGET WHEREAS, the City Council annually reviews and adopts a municipal budget, which balances proposed expenditures with anticipated revenues; and, WHEREAS, on September 11, 2000, the City Council adopted Resolution 00-80, which established the proposed maximum levy for 2001; and, WHEREAS, on December 4, 2000, the City Council, in compliance with state law, held a public hearing on the proposed 2001 levy and proposed 2001 budget; and, WHEREAS, after due review and consideration, the City Council is now prepared to adopt its 2001 general fund municipal budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota, that it does hereby approve and adopt its 2001 municipal general fund budget in the amount of $6,470,000. Passed and adopted by the City Council of the City of Elk River this 11th day of December, 2000. Steplhanie Klinzing,'~ayo ATTEST: Sandra A. Peine, City Clerk