01-080 RES RESOLUTION 01 - 80
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
FOR COLLECTION IN 2002
WHEREAS, the Elk River City Council has review the City's anticipated
expenditures for all funds in 2002; and,
WHEREAS, the Elk River City Council has considered projected revenues for
all funds in 2002; and,
WHEREAS, revenues from sources other than property taxes are not sufficient
to meet anticipated expenditures of all funds.
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 2002:
General Fund
Street Replacement
Library
Dam Loan
Surface Water Management
City Special Assessments
1994 Storm Sewer Bonds
2002 Certificate of Indebtedness
2000 Certificate of Indebtedness
1999 Certificate of Indebtedness
1998 Certificate of Indebtedness
PERA Employer Rate Increase
Economic Development Tax Abatement
TOTAL
Levy
$4,148,144
150,000
67,2OO
23,000
200,000
26,507
113,952
273,500
43,349
36,741
20,880
8,855
6,160
$5,118,288
Passed and adopted by the City Council of the City of Elk River this 10th
day of December, 2001
~/S T:
~Sandra A. Pein~, City Clerk