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ver <br />VC; <br />Resolution 20- 59 <br />A Resolution of the City of Elk River Approving the 2021 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 2021. <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 $363,150 in the year 2021 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 21s' day of September, 2020. <br />j 11 J.- ietz, r <br />ATTEST: <br />L� - <br />Tina Allard, City Clerk <br />U <br />rNATURi-EJ <br />