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Resolution 19-_____ <br />A Resolution of the City of Elk RiverHousing 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 /> <br />WHEREAS,Minnesota Statutes, Section 469.033, Subdivision 6, authorizes the Housing <br />and Redevelopment Authority to levy an amount not to exceed .0185 percentof 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 2020 for various housing and redevelopment activities. <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 $362,250 for the benefit of the <br />Authority to be used as provided by Minnesota Statutes. <br />th <br />Passed and adoptedthis 3 day of August, 2019. <br /> <br /> <br /> <br /> Larry Toth, Chair <br />ATTEST: <br /> <br />Amanda Othoudt, HRA Executive Director <br /> <br /> <br /> <br /> <br /> <br />