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RESOLUTION 00 - <br />RESOLUTION OF THE ELK RIVER <br />HOUSING AND REDEVELOPMENT AUTHORITY <br />A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE ELK RIVER <br />HOUSING AND REDEVELOPMENT AUTHORITY FOR COLLECTION IN <br />2001 <br />WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a <br />Housing and Redevelopment Authority to levy an amount not to <br />exceed .0 13 1 percent of the taxable market value of property within <br />the city to be used for redevelopment purposes; and, <br />WHEREAS, the Elk River Housing and Redevelopment Authority anticipates <br />expenditures in 2001 for various redevelopment activities; and, <br />WHEREAS, the Housing and Redevelopment Authority will adopt and approve its <br />budget before a special tax can be levied. <br />NOW, THEREFORE, BE IT RESOLVED that the Housing and Redevelopment <br />Authority requests that the City Council of the City of Elk River, Minnesota, levy a <br />special tax not to exceed the statutory limit of .0131 percent of taxable market value <br />• of the city, less 2001 HACA certified to be $5,611 for the year 2001, for the benefit <br />of the Authority to be used for purposes as provided in Minnesota Statutes. <br />Passed and adopted by the Elk River Housing and Redevelopment Authority this <br />28rd day of August, 2000. <br />ATTEST: <br />Catherine Mehelich, Executive Director <br />0 <br />Larry Toth, Chair <br />