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RESOLUTION 07 - <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br />A RESOLUTION APPROVING THE 2008 TAX LEVY FOR ECONOMIC <br />DEVELOPMENT PURPOSES FOR THE ELK RIVER ECONOMIC <br />DEVELOPMENT AUTHORITY <br />WHEREAS, the City Council of the City of Elk River has received a request from the <br />Economic Development Authority to levy a tax for the benefit of the <br />Authority in the amount of .01813% of taxable market value of taxable <br />property in the City for the yeax of 2008. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River <br />as follows: The City Council of the City of Elk River proposes that a tax in the amount of <br />.01813% of the taxable market value in the City be levied in the year 2008 for the benefit of <br />the City of Elk River Economic Development Authority to be used for Economic <br />Development Authority purposes as provided under Minnesota Statute 469.090 et.se . <br />Passed and adopted by the City Council of the City of Elk River, Minnesota this 10~ day of <br />September, 2007. <br />Stephanie Klinzing, Mayor <br />ATTEST: <br />Tina Allard, City Clerk <br />S:\Resolutions\Levy Format EDA for CC.DOC <br />