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• RESOLUTION 10 - 02 <br />A RESOLUTION OF THE ELK RIVER <br />HOUSING AND REDEVELOPMENT AUTHORITY <br />A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE <br />ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY <br />FOR COLLECTION IN YEAR 201 I <br />WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing and <br />Redevelopment Authority to levy an amount not to exceed .01440 percent of the <br />taxable market value of property within the city to be used for housing and <br />redevelopment purposes; and, <br />WHEREAS, the Elk River Housing and Redevelopment Authority anticipates expenditures in <br />2011 for various housing and redevelopment activities; and, <br />WHEREAS, the Housing and Redevelopment Authority will adopt and approve its budget before <br />a special tax can be levied. <br />• NOW, THEREFORE, BE IT RESOLVED that the Housing and Redevelopment Authority <br />requests that the City Council of the City of Elk River, Minnesota, levy a special tax of .01440 <br />percent of taxable market value of the city for the benefit of the Authority to be used for purposes <br />as provided in Minnesota Statutes. <br />Passed and adopted by the Elk River Housing and Redevelopment Authority this 2nd day of <br />August, 2010. ~ <br />~ ~- <br />i . <br />Stewart Wilson, Chair <br />ATTEST: <br />Catherine Mehelich, Executive Director <br />• <br />N:\Departments\Community Development\Economic Development\HRA to move\Resolu[ions\2010\10-02 HRA 2011 LEVY.DOC <br />