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<br />RESOLUTION 00 -
<br />
<br />A RESOLUTION FOR THE CITY OF ELK RIVER
<br />
<br />A RESOLUTION AUTHORIZING THE PROPERTY TAX LEVY
<br />FOR COLLECTION IN 2001
<br />
<br />WHEREAS, the Elk River City Council has reviewed the City's anticipated
<br />expenditures for all funds in 2001; and,
<br />
<br />WHEREAS, revenues from sources other than property taxes are not sufficient
<br />to meet anticipated expenditures of all funds; and,
<br />
<br />WHEREAS, the Elk River City Council has received public input and comment
<br />on the Tax Levy and Budget.
<br />
<br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that
<br />the following amounts are to be levied as property taxes payable in 2001 :
<br />
<br /> HACA
<br /> Gross Levv Reduction Net Levv
<br /> General Fund $ 4,340,783 $ 520,499 $3,820,284
<br /> Street Replacement 126,540 9,877 116,663
<br /> Lake Orono 17,631 2,114 15,517
<br />. Library 66,650 7,992 58,658
<br />Dam Loan 32,572 3,906 28,666
<br /> Development Fund 137,383 16,473 120,910
<br /> Surface Water Management 61,350 7,356 53,994
<br /> City Special Assessments 27,717 3,324 24,393
<br /> 1994 Storm Sewer Bonds 112,387 13,476 98,911
<br /> 2000 Certificate of Indebtedness 54,000 6,475 47,525
<br /> 1999 Certificate of Indebtedness 38,450 4,610 33,840
<br /> 1998 Certificate of Indebtedness 22,010 2,639 19,371
<br /> 1997 Certificate of Indebtedness 21,038 2,523 18,515
<br /> TOTAL $ 5,058,511 $ 601,264 $4,457,247
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<br />Passed and adopted by the City Council of the City of Elk River this 11 th day of
<br />December, 2000.
<br />
<br />Stephanie Klinzing, Mayor
<br />
<br />ATTEST:
<br />
<br />Sandra A. Peine, City Clerk
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