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<br />RESOLUTION 06- <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION APPROVING THE 2007 TAX LEVY FOR ECONOMIC <br />DEVELOPMENT PURPOSES FOR THE ELK RIVER ECONOMIC <br />DEVELOPMENT AUTHORITY <br /> <br />WH EREAS, tlle City Council of tlle City of Elk Ri\Ter llas recei\Ted a request from tlle <br />Economic De\Telopment ...A.utllority to lev.y a tax for the benefit of tlle <br />.!\uthority in tlle amount of .018130/0 of taxable market \Talue of taxable <br />property in tlle City for the year of 2007. <br /> <br />NOW, THEREFORE, BE IT RESOL VEO by tlle City Council of the City of Elk Ri\Ter <br />as follo\vs: TIle City Council of tIle City of Elk Ri\Ter proposes tllat a tax in the amount of <br />.018130/0 of the taxable market .value in the City be le'rl.ed in the year 2007 for the benefit of <br />tlle City of Elk Ri\Ter Economic De\Telopment j\uthority to be used for Economic <br />De\Telopment .L\ut1lority purposes as pro\Tided under 1vIinnesota Statute 469.090 et.seq. <br /> <br />Passed and adopted by tlle City Council of t1le City of Elk Ri\Ter, IVIinnesota this 11 th day of <br />Septetnber, 2006. <br /> <br />Larry Farber, .!\cting IvIayor <br /> <br />.r\ITEST: <br /> <br />Joan Sclunidt, City Clerk <br /> <br />S:\Resolutions\Levy Format EDA for CC.DOC <br />