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RESOLUTION 80-42 <br /> A RESOLUTION AUTHORIZING TAX <br /> LEVIES FOR CALENDAR YEAR 1981 <br /> WHEREAS, The Elk River City Council has reviewed the City's anticipated expenditures <br /> for all funds in 1981; and, <br /> WHEREAS, The Elk River City Council has considered projected revenue for all funds <br /> in 1980; and, <br /> WHEREAS, Revenues from sources other than property taxes are insufficient to cover <br /> anticipated expenditures of all funds. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that the <br /> following dollar amounts be levied as property taxes payable in 1981 per the <br /> stipulations and requirements of the consolidation agreement between Elk <br /> River Township and the City of Elk River: <br /> Old City of Urban Tax Rural Tax New City of <br /> Elk River District District Elk River Total <br /> General Fund 192,619 78,981 271,600 <br /> Library Fund 10,638 4,362 15,000 <br /> Dutch Elm 2,837 1,163 4,000 <br /> Fire Relief Fund 300 300 <br /> 1976 Improvement Fund 3,200 3,200 <br /> Alki977 G.O. Refunding <br /> Bond Fund 20,600 14,500 35,100 <br /> 1977 Improvement Re- <br /> funding Bond Fund 57,100 57,100 <br /> 1977 Sanitary Sewer <br /> Bond Fund 17,600 17,600 <br /> 1978 Certificate of <br /> Indebtedness Bond <br /> Fund 30,000 30,000 <br /> Total 98,500 206,094 84,506 44,800 433,900 <br /> Adopted this 5th day of January, 1981. <br /> Mayor <br /> IIIIITEST: <br /> .,_,-,----/L _____ .4.:,/,-4,,,, ,_ <br /> Robert C. Middaugh, City dministrator <br />