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RESOLUTION 02.- <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY <br /> FOR COLLECTION IN 2003 <br /> <br />WHEREAS, the Elk River City Council has reviewed the City's anticipated <br /> expenditures for ail funds in 2003; and, <br /> <br />WHEREAS, the EIk River City Council has considered projected revenues for <br /> ail funds in 2003; and, <br /> <br />WHEREAS, revenues from sources other than proper~y taxes are not sufficient <br /> to meet anticipated expenditures of ail funds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that <br /> the following amounts are to be levied as property taxes payable in 2003: <br /> <br />General Fund <br />Street Replacement <br />Library <br />Surface Water Management <br />City Special Assessments <br />1 994 Storm Sewer Bonds <br />2003 Certificate of Indebtedness <br />2000 Certificate of Indebtedness <br />1999 Cer[ificate of Indebtedness <br />PERA Employer Rate Increase <br />Public Safety Lease Revenue Bonds <br />Economic Development Tax Abatement <br /> <br />TOTAL <br /> <br /> Levy <br />$4,580,083 <br /> 150,000 <br /> <br /> 69,000 <br /> <br />25,298 <br />115,233 <br />140,000 <br />41,088 <br />35,032 <br />9,713 <br />834,000 <br />5,714 <br /> <br />$5,980,161 <br /> <br />Passed and adopted by the City Council of the City of Elk River this 9th <br />day of December, 2002. <br /> <br />A'F'FEST: <br /> <br />Stephanie Klinzing, Mayor <br /> <br />Sandra A. Peine, City Clerk <br /> <br /> <br />