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City of <br /> Elk <br /> River <br /> Resolution 20- <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 2021 for various housing and redevelopment activities. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br /> River, TUnnesota, as follows: The Housing and Redevelopment Authority requests the City <br /> Council of the City of Elk River to levy a tax in the amount of$321,450 for the benefit of <br /> the Authority to be used as provided by Minnesota Statutes. <br /> Passed and adopted this 8T``day of September, 2020. <br /> Larry Toth, Chair <br /> ATTEST: <br /> Amanda Othoudt,HRA Executive Director <br /> p 0 w I R I U 0 <br /> NATURE] <br />