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RES 12-67
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RES 12-67
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12/13/2012 8:58:09 AM
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12/13/2012 8:58:08 AM
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City Government
type
RES
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12/3/2012
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• RESOLUTION 12 -67 <br /> A RESOLUTION FOR THE CITY OF ELK RIVER <br /> A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY <br /> FOR COLLECTION IN 2013 <br /> WHEREAS, the Elk River City Council has reviewed the City's anticipated <br /> expenditures for all funds in 2013; and, <br /> WHEREAS, the Elk River City Council has considered projected revenues for <br /> all funds in 2013;and, <br /> WHEREAS, revenues from sources other than property taxes are not sufficient <br /> to meet anticipated expenditures of all tunds;and, <br /> WfitKtAS, debt levies have been adjusted or cancelled based on revenue <br /> collections and projections. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River <br /> that the following amounts are the maximum to be levied as property taxes <br /> payable in 2013: <br /> • Levy <br /> General Fund $ 9,203,085 <br /> Library 63,100 <br /> Surface Water Management 50,000 <br /> City Special Assessments 6,942 <br /> 2005 Improvement Bonds • 86,500 <br /> 2012B G.O. Improvement Refunding Bonds 185,569 <br /> 2010A G.O. Capital Improvement Plan Bonds 364,486 <br /> Economic Development Tax Abatement 216,083 <br /> TOTAL $ 10,175,765 <br /> Passed and adopted by the City Council of the City of Elk River this 3rd <br /> day of December, 2012. <br /> 011 , <br /> J./n J Dietz yor <br /> ATTES : <br /> Tina Allar , City Clerk <br /> • <br />
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