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411 <br /> RESOLUTION 90- 6 ,r,/ <br /> A RESOLUTION OF THE CITY OF ELK RIVER ��"" <br /> ECONOMIC DEVELOPMENT AUTHORITY <br /> A RESOLUTION FOR THE CITY OF ELK RIVER ECONOMIC DEVELOPMENT <br /> AUTHORITY IN AND FOR THE CITY OF ELK RIVER, MINNESOTA <br /> WHEREAS, Minnesota Statute 469 . 107 Subdivision 1 authorizes the <br /> Economic Development Authority to levy .01813 percent <br /> of taxable market value to fund the authority's <br /> anticipated budget needs for the next fiscal year; and, <br /> WHEREAS, the City of Elk River Economic Development Authority <br /> has adopted its budget and will forward such to the <br /> City of Elk River pursuant to Minnesota Statutes <br /> 469. 100, Subdivision 2. <br /> NOW, THEREFORE, BE IT RESOLVED by the Economic Development <br /> Authority in and for the City of Elk River, Minnesota, <br /> that it requests the City Council for the City of Elk <br /> River to levy a tax in the amount of .01813 percent <br /> taxable market value in the City for the year 1991 for <br /> 0 the benefit of the Authority to be used for Economic <br /> Development Authority purposes as provided in the <br /> statute. <br /> Passed and adopted by the Elk River Economic Development <br /> Authority this 13th day of August, 1990. <br /> James A. Tralle, President <br /> ATTEST: <br /> Patrick D. Klaers, Executive Director <br /> 111 <br />