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RESOLUTION 08- 02— <br /> A <br /> ZA RESOLUTION OF THE ELK RIVER <br /> HOUSING AND REDEVELOPMENT AUTHORITY <br /> A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE ELK RIVER <br /> HOUSING AND REDEVELOPMENT AUTHORITY FOR COLLECTION IN <br /> 2009 <br /> WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing and <br /> Redevelopment Authority to levy an amount not to exceed .0185 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 /> 2009 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 4`"day of <br /> August,2008. <br /> '- <br /> Stewart <br /> Stewart Wilson, Chair <br /> ATTEST: <br /> C_Cat erine Mehelich, Executive Director <br /> • <br /> C:\Users\dhuebner\AppData\Local\Microsoft\Windows\Temporary Internet Files\OLK87E4\08-HRAO9LEVY(2).DOC <br />