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<br />RESOLUTION 89 - 57 <br />A RESOLUTION OF THE CITY OF ELK RIVER <br /> <br />. <br /> <br />A RESOLUTION AUTHORIZING THE PROPOSED TAX LEVY <br />FOR CALENDAR YEAR 1990 <br /> <br />WHEREAS, <br /> <br />the Elk River City Council has reviewed the City's <br />anticipated expenditures for all funds in 1990; and, <br /> <br />WHEREAS, <br /> <br />the Elk River City Council has considered projected <br />revenues for all funds in 1990; and, <br /> <br />WHEREAS, <br /> <br />revenues from sources other than property taxes are <br />insufficient to cover anticipated expenditures of all <br />funds; and, <br /> <br />WHEREAS, <br /> <br />the current tax law as interpreted by the Department of <br />Revenue state that each City shall certify to the <br />County Auditor by October 1, its proposed levy. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Elk River that the following dollar amounts are <br />proposed to be levied as property taxes payable in <br />1990. These amounts are subject to change to reflect <br />any changes made to the current tax law. <br /> <br />Total Proposed 1990 Levy <br /> <br />$1,187,526 <br />41,700 <br />16,000 <br />91,000 <br />32,572 <br />36,000 <br />25,000 <br />136,626 <br />35,000 <br />22,000 <br />24,820 <br />26,756 <br />27,130 <br />29,990 <br />1,313 <br /> <br />$1,733,433 <br /> <br />. <br /> <br />General Fund <br />Library <br />Dutch Elm <br />Infrastructure Replacement <br />Dam Loan <br />1977 G.O. Refunding <br />1980 Improvement Bond <br />1985 G.O. Refunding <br />1989 Fire Referendum Bond <br />1986 Certificate of Indebtedness <br />1987 Certificate of Indebtedness <br />1988 Certificate of Indebtedness <br />1989 Certificate of Indebtedness <br />1990 Certificate of Indebtedness <br />City Owed Special Assessments <br /> <br />Passed and adopted by the City C::::i~... 0 the .City .O.f Elk River <br />this 25th day of September, 1989 _ .LJ.~ /2/ <br /> <br />~~0ld / / ~d:.-e:&-. <br />James A. Tralle, Mayor <br /> <br />ATTEST: <br /> <br />. <br /> <br /> <br />" <br />