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RESOLUTION 96 - <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE FINAL TAX LEVY <br /> FOR CALENDAR YEAR 1997 <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />the Elk River City Council has review the City's anticipated <br />expenditures for all funds in 1997; and, <br /> <br />The Elk River City Council has considered projected revenues for <br />all funds in 1997; and, <br /> <br />WHEREAS, revenues from sources other than property taxes are not sufficient <br /> to meet anticipated expenditures of all funds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that <br /> the General Fund Budget in the amount of $/~5~x,.~ ~ ~ O is hereby adopted. <br /> <br />BE IT FURTHER RESOLVED by the City Council of the City of Elk River that the <br /> following amounts are to be levied as property taxes payable in 1997 <br /> <br />General Fund <br />Library <br />Dam Loan <br />Surface Water Management <br />Development Fund <br />City Special Assessments <br />1989 Fire Equipment <br />1993 Certificate of Indebtedness <br />1994 Certificate of Indebtedness <br />1995 Certificate of Indebtedness <br />1996 Certificate of Indebtedness <br />1997 Certificate of Indebtedness <br /> <br /> HACA <br />Gross Levy Reduction Net Levy <br /> <br />$2,965,300 $ 499,396 $2,465,904 <br />54,950 9,254 45,696 <br />32,572 5,486 27,086 <br />169,100 28,479 140,621 <br />125,000 21,052 103,948 <br />33,577 5,655 27,922 <br />68,586 11,551 57,035 <br />13,000 2,189 10,811 <br />24,393 4,108 20,285 <br />26,327 4,434 21,893 <br />26,250 4,421 21,829 <br />31,000 5,221 25,779 <br /> <br />TOTAL $3,570,055 $ 601,246 $2,968,809 <br /> <br />Passed and adopted by the City Council of the City of Elk River this <br />day of December, 1996. <br /> <br />ATTEST: <br /> <br />Henry A. Duitsman, Mayor <br /> <br />Sandra A. Thackeray, City Clerk <br /> <br />38. <br /> <br /> <br />