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11144‘4. .., <br /> City of <br /> Elk .......... <br /> River <br /> Resolution 16-02 <br /> A Resolution of the City of Elk River Housing and Redevelopment Authority, <br /> Establishing the Tax Levy for the Elk River Housing and Redevelopment <br /> Authority for the City of Elk River, Minnesota <br /> WHEREAS, Minnesota.Statutes,Section 469.033, Subdivision 6,authorizes the Housing <br /> and Redevelopment Authority to levy an amount not to exceed .0185 percent of the <br /> estimated market value within the city to be used for housing and redevelopment purposes; <br /> and, <br /> WHEREAS, the Elk River Housing and Redevelopment Authority anticipates <br /> expenditures in 2017 for various housing and redevelopment activities;and, <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br /> River,Minnesota,as follows: The Housing and Redevelopment Authority requests the City <br /> Council of the City of Elk River,levy a tax in the amount of.001466 percent of the <br /> estimated market value of the city for the benefit of the Authority to be used as provided by <br /> Minnesota Statutes. <br /> Passed and adopted this 1st day of August,2016. <br /> Larry Toth,Chair <br /> ATTEST: <br /> Amanda Othoudt,HRA Executive Director <br /> 1IEREI 1r <br /> INATUREI <br />