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RESOLUTION 99-_7_~ <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION APPROVING A TAX RATE INCREASE FOR THE <br /> 1999 TAX LEVY, COLLECTIBLE IN 2000 <br /> <br />WHEREAS, <br /> <br />the City Council of the City of Elk River has reviewed the 1999 <br />tax levy for taxes payable in 2000 and determined that a tax <br />rate increase is necessary. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Elk River as follows: The City Council of the City of Elk River proposes that <br />the Sherburne County Auditor is authorized to fix a property tax rate for <br />taxes payable in 2000 that is higher than the tax rate calculated pursuant to <br />Minnesota Statutes 204B.135 for the City for taxes levied in 1998, payable in <br /> <br />1999. <br /> <br />BE IT FURTHER RESOLVED that the adoption of this resolution does not <br />prohibit the City from certifying a final levy that will result in no tax rate <br />increase or a tax rate decrease. <br /> <br />Passed and adopted by the City Council of the City of Elk River, Minnesota <br />this 11th day of October, 1999. <br /> <br />ATTEST: <br /> <br />Sandra A. Peine, City Clerk <br /> <br />' Stephanie A. Klinzingf-~ayo9 <br /> <br />s: \ document \ resoluti \ 99taxlev.doc <br /> <br /> <br />