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• WHEREAS, redistribution of these tax revenues in 1998, based upon 1997 <br /> taxes payable, will be approximately as follows: <br /> • City of Elk River - $ 4,772 <br /> • Sherburne County - $ 4,715 <br /> • School District 728 - $12,055 <br /> • Miscellaneous Jurisdictions - $ 257 <br /> Total $21,799 <br /> NOW, THEREFORE, be it resolved by the City Council of the City of Elk <br /> River as follows: <br /> I. That Tax Increment Financing District No. 8 shall be decertified on <br /> December 31, 1997, for taxes payable 1998; and, <br /> II. That the City Council of the City of Elk River hereby directs staff to <br /> take steps necessary to decertify Tax Increment Financing District No. <br /> 8 including providing notification to Sherburne County and the <br /> Minnesota State Auditors Office. <br /> • Passed and adopted by the City Council of the City of Elk River this 15th day <br /> of December, 1997. <br /> yJ ^ /J <br /> ` <br /> Henry A. Dui:tsman, Mayor <br /> ATTES` : <br /> WA— <br /> Sandra <br /> A Sandra A. Thackeray, City Clerk / <br /> • <br />