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City of <br />Elk - <br />River <br />Resolution 19- 46 <br />A Resolution of the City of Elk River Approving the 2020 Tax 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 the city authorize to levy a tax 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 2020. <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 of $334,450 in the year 2020 for the benefit of the City <br />of Elk River Economic Development Authority to be used for economic development <br />purposes as provided under Minnesota Statue 469.090 et.seq. <br />Passed and adopted this 16'h day of September, 2019. <br />ATTEST: <br />Tina Allard, City Clerk <br />Wnj. , N yor <br />OMiEAEYer[N'ATURE <br />