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ver <br />Resolution 18- 54 <br />A Resolution of the City of Elk River Approving the 2019 Tau Levy for <br />Economic Development Purposes for the Elk River Economic Development <br />Authority <br />WHEREAS, the Economic Development Authority for the City of Elk River has <br />requested that the city authorize a tax levy for the benefit of the EDA for economic <br />development purposes; and, <br />WHEREAS, the City Council of the City of Elk River has consented to this levy for the <br />year 2019. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: The Economic Development Authority for the City of Elk <br />River certify a tax levy in the amount $332,600 in the year 2019 for the benefit of the City of <br />Elk River Economic Development Authority to be used for economic development <br />purposes as provided under Minnesota Statute 469.090 etseo. <br />Passed and adopted this 17`" day of September 2018. <br />J 1 n J. ietz, 1 or <br />ATTEST: <br />Tina Allard, City Clerk <br />PRC'RR I E <br />N URE <br />