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• Action Requested <br /> Staff is recommending the HRA approve the 1997 budget in the amount of <br /> $68,000. <br /> Staff is also recommending the HRA approve Resolution 96-_, requesting <br /> that the City of Elk River levy a tax against the taxable market value in the <br /> city in the amount of.0131 percent of the total taxable market value, to be <br /> used for economic development and redevelopment purposes by the Housing <br /> and Redevelopment Authority. The resolution is attached to this memo. <br /> s:eda\hra\97bdgt.dac <br /> 41)411 <br />