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RESOLUTION 96 - <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION APPROVING THE 1997 TAX LEVY FOR ECONOMIC <br />DEVELOPMENT PURPOSES FOR THE ELK RIVER ECONOMIC <br />DEVELOPMENT AUTHORITY <br /> <br />WHEREAS, <br /> <br />the City Council of the City of Elk River has received a request <br />from the Economic Development Authority to levy a tax for the <br />benefit of the Authority in the amount of .01813% of taxable <br />market value of taxable property in the City for the year of <br />1997; and, <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br /> Elk River as follows: The City Council of the City of Elk River <br /> proposes that a tax in the amount of .01813% of the taxable <br /> market value in the City less Homestead and Agricaltural <br /> Credit Aids of $12,065.00 be levied in the year 1997 for the <br /> benefit of the City of Elk River Economic Development <br /> Authority to be used for Economic Development Authority <br /> purposes as provided under Minnesota Statute 469.090 et.seq. <br /> <br />Passed and adopted by the City Council of the City of Elk River, Minnesota <br />this __ day of , 1996. <br /> <br />Henry A. Duitsman, Mayor <br /> <br />ATTEST: <br /> <br />Sandra A. Thackeray, City Clerk <br /> <br /> <br />