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Resolution 15-56 <br />A Resolution of the City of Elk River Approving the 2016 Tax Levy for <br />Economic Development Purposes for the Elk River Economic Development <br />Authority <br />WHEREAS, the City Council of the City of Elk River has received a request from the <br />Economic Development Authority to levy a tax for the benefit of the Authority in the <br />amount of .01813% of estimated market value in the city for the year of 2016. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River <br />as follows: The City Council of the City of Elk River proposes that a tax in the amount of <br />.01813% of the estimated market value in the city be levied in the year 2016 for the benefit <br />of the City of Elk River Economic Development Authority to be used for Economic <br />Development Authority purposes as provided under Minnesota Statute 469.090 et.seq. <br />Passed and adopted this 8`h day of September 2015. <br />rt <br />Jo J. D tz, Ma <br />ATTEST: <br />Tina Allard, City Clerk <br />p0NERE0 61 <br />NATURE <br />