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City of Elk River <br />City Council <br />Resolution 25-51 <br />A Resolution of the City Council of the City of Elk River Approving the 2026 <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 2026. <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 $429,850 in the year 2026 for the benefit of the City <br />of Elk River Economic Development Authority to be used for economic development <br />purposes as provided under Minnesota Statute 469.090 et. Seq. <br />Passed and adopted this 15" day of September 2025. <br />J in J. t7 etz, Ma )r <br />ATTEST: <br />4(-' <br />Tina Allard, City Clerk <br />R 0 W E R E I 1 1 <br />NA URE <br />