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Elk <br /> River <br /> Resolution 14-02 <br /> A Resolution of the City of Elk River Economic Development Authority, <br /> Establishing the Tax Levy for the Elk River Economic Development <br /> Authority for the City of Elk River, Minnesota <br /> WHEREAS, Minnesota Statutes, Section 469.107, Subdivision 1, authorizes the Economic <br /> Development Authority to levy an amount not to exceed .01813 percent of the estimated <br /> market value within the city to be used for economic development purposes;and, <br /> WHEREAS, the Elk River Economic Development Authority will adopt and approve its <br /> budget and will forward such to the City of Elk River pursuant to Minnesota Statutes, <br /> Section 469.100, Subdivision 2. <br /> NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority <br /> in and for the City of Elk River, Minnesota, that it hereby requests the City Council of the <br /> City of Elk River to levy a tax in the amount of.01813 percent of the taxable market value in <br /> the city for the year 2015 for the benefit of the Authority to be used for Economic <br /> Development Authority purposes as provided by the statute. <br /> Passed and adopted this 18th day of August 2014. <br /> ---"-' Q <br /> Dan Tveite, EDA President <br /> ATTEST: <br /> XV <br /> Brian B-eman, EDA Executive Director <br /> 111E1E1 11 <br /> NATURE <br />