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RESOLUTION 00 - <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY <br /> FOR COLLECTION IN 2001 <br /> <br />WHEREAS, the Elk River City Council has review the City's anticipated <br /> expenditures for all funds in 2001; and, <br /> <br />WHEREAS, the Elk River City Council has considered projected revenues for <br /> all funds in 2001; and, <br /> <br />WHEREAS, revenues from sources other than property taxes are not sufficient <br /> to meet anticipated expenditures of all funds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that <br /> <br />the following amounts are the maximum to be levied as property taxes <br />payable in 2001: <br /> <br />General Fund <br />Street Replacement <br />Lake Orono <br />Library <br />Dam Loan <br />Development Fund <br />Surface Water Management <br />City Special Assessments <br />1994 Storm Sewer Bonds <br />2000 Certificate of Indebtedness <br />1999 Certificate of Indebtedness <br />1998 Certificate of Indebtedness <br />1997 Certificate of Indebtedness <br /> <br /> HACA <br />Gross Levy Reduction Net Levy <br />$ 4,340,783 $ 520,499 $3,820,284 <br />126,540 9,877 116,663 <br />17,631 2,114 15.517 <br /> <br />66,650 7,992 58. <br />32,572 3,906 28. <br />137,383 16,473 120. <br />61,350 7,356 53. <br />27,717 3,324 24. <br />112,387 13,476 98. <br />54,000 6,475 47 <br />38,450 4,610 33 <br />22,010 2,639 19 <br />21,038 2,523 18 <br /> <br />658 <br />666 <br />910 <br />994 <br />393 <br />911 <br />525 <br />840 <br />371 <br />515 <br /> <br />TOTAL $ 5,058,511 $ 601,264 $4,457,247 <br /> <br />Passed and adopted by the City Council of the City of Elk River this 11th <br />day of September, 2000. <br /> <br />ATTEST: <br /> <br />Stephanie Klinzing, Mayor <br /> <br />Sandra A. Peine, City Clerk <br /> <br /> <br />