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ver <br />Resolution 21-ui <br />A Resolution of the City of Elk River Housing and Redevelopment Authority <br />Establishing the Tax Levy for the Elk River Housing and Redevelopment <br />Authority for the City of Elk River, Minnesota <br />WHEREAS, Minnesota Statutes, Section 469.033, Subdivision 6, authorizes the Housing <br />and Redevelopment Authority to levy an amount not to exceed .0185 percent of the <br />estimated market value within the city to be used for housing and redevelopment purposes; <br />and, <br />WHEREAS, the Elk River Housing and Redevelopment Authority anticipates <br />expenditures in 2022 for various housing and redevelopment activities. <br />NOW, THEREFORE, BE IT RESOLVED: That the Elk River Housing and <br />Redevelopment Authority requests the City Council for the City of Elk River to levy a tax in <br />the amount of $331,600 for the benefit of the Authority to be used as provided by <br />Minnesota Statutes. <br />Passed and adopted this 7th day of September, 2021. <br />1, - To -ha�x <br />ATTEST: <br />�a?� 7Vd <br />Brent O'Neil, HRA Executive Director <br />P I I I R I I B1 <br />NATURE <br />