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RESOLUTION 97- t29 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE FINAL TAX LEVY <br /> FOR CALENDAR YEAR 1998 <br /> <br />WHEREAS, the Elk River City Council has review the City's anticipated <br /> expenditures for all funds in 1998; and, <br /> <br />WHEREAS, The Elk River City Council has considered projected revenues for <br /> all funds in 1998; and, <br /> <br />WHEREAS, revenues from sources other than property taxes are not sufficient <br /> to meet anticipated expenditures of all funds. <br /> <br />NOW, THEREFORE, BE RESOLVED by the City Council of the City of Elk River that the <br /> following amounts are to be levied as property taxes payable in 1998 <br /> <br />General Fund <br />Infrastructure/Capital Improvements <br />Ubrary <br />Dam Loan <br />Development Fund <br />Surface Water Management <br />Matching Grants <br />1994 Storm Sewer Bonds <br />City Special Assessments <br />1989 Fire Equipment <br />1994 Certificate of Indebtedness <br />1995 Certificate of Indebtedness <br />1996 Certificate of Indebtedness <br />1997 Certificate of Indebtedness <br />1998 Certificate of Indebtedness <br /> <br /> HACA <br />Gross Levy Reduction N~ Levy <br />$ 3,081,104 497,911 $ 2,583,193 <br />100,000 100,000 <br />54,950 8,469 46,481 <br />32,572 5,020 27,552 <br />125,000 19,265 105,735 <br />51,473 7,933 43,540 <br />58,432 9,005 49,427 <br />117,627 18,129 99,498 <br />24,682 3,804 20,878 <br />70,424 10,854 59,570 <br />23,124 3,564 19,560 <br />24,694 3,806 20,888 <br />20,739 3,196 17,543 <br />32,673 5,035 27,638 <br />35,000 5,394 29,606 <br /> <br />TOTAL $3,852,494 $ 601,385 $3,251,109 <br /> <br />Passed and adopted by the City Council of the City of Elk River this 15th <br />day of December, 1997. <br /> <br />~;an~ira A. Thackeray, City Cl6rk <br /> <br /> <br />