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�� <br />El*=:: <br />River <br />City of Elk River <br />City Council <br />Resolution 24-56 <br />A Resolution of the City Council of the City of Elk River Approving the 2025 <br />Tax Levy for Economic Development Purposes for the Elk River Economic <br />Development Authority. <br />WHEREAS, the Economic Development Authority (EDA) for the City of Elk River has <br />requested the city to authorize to levy a tax for the benefit of the EDA for economic <br />development purposes; and <br />WHEREAS, the City Council of the City of Elk River has consented to this levy for the <br />year 2025. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: the Economic Development Authority for the City of Elk <br />River,certify a tax levy in the amount of $427,000 in the year 2025 for the benefit of the City <br />of Elk River Economic Development Authority to be used for economic development <br />4 purposes as provided under Minnesota Statute 469.090 et. Seq. <br />Passed and adopted this 16t' day of September 2024. <br />YD etz 1 lla� r <br />ATTEST: <br />V <br />Tina Allard, City Clerk <br />NATURE <br />