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• RESOLUTION 07- 01 <br /> A 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 /> 2008 <br /> WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing and <br /> Redevelopment Authority to levy an amount not to exceed .0144 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 /> 2008 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 not to exceed <br /> the statutory limit of.0144 percent of taxable market value of the city for the benefit of the <br /> Authority to be used for purposes as provided in Minnesota Statutes. <br /> Passed and adopted by the Elk River Housing and Redevelopment Authority this 6th day of <br /> August, 2007. <br /> A, 4 _. `-dila <br /> Stewart . 'i son Chair <br /> ATTEST: <br /> (//"/ <br /> Catherine Mehelich, Executive Director <br /> • <br /> S:\EDA\HRA\RESOLUTI\2007\07-HRAO8LEVY.DOC <br />