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RESOLUTION 03- 02 <br /> • A 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 /> 2004 <br /> WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing and <br /> Redevelopment Authority to levy an amount not to exceed .0131 percent of the <br /> taxable market value of property within the city to be used for redevelopment <br /> purposes; and, <br /> WHEREAS, the Elk River Housing and Redevelopment Authority anticipates expenditures in <br /> 2004 for various redevelopment activities; and, <br /> WHEREAS, the Housing and Redevelopment Authority will adopt and approve its budget before <br /> a special tax can be levied. <br /> NOW, THEREFORE, BE IT RESOLVED that the Housing and Redevelopment Authority <br /> requests that the City Council of the City of Elk River, Minnesota, levy a special tax not to exceed <br /> • the statutory limit of.0131 percent of taxable market value of the city for the benefit of the <br /> Authority to be used for purposes as provided in Minnesota Statutes. <br /> Passed and adopted by the Elk River Housing and Redevelopment Authority this 25th day of <br /> August, 2003. <br /> arry Toni;Chair <br /> ATTEST: <br /> Catherine Mehelich, Executive Director <br /> • <br />