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RESOLUTION 00 - 80
<br />
<br />A RESOLUTION FOR THE CITY OF ELK RIVER
<br />
<br />A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY
<br /> FOR COLLECTION IN 2001
<br />
<br />WHEREAS, the Elk River City Council has review the City's anticipated
<br /> expenditures for all funds in 2001; and,
<br />
<br />WHEREAS, the Elk River City Council has considered projected revenues for
<br /> all funds in 2001; 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 IT RESOLVED by the City Council of the City of Elk River that
<br />
<br />the following amounts are the maximum to be levied as property taxes
<br />payable in 2001:
<br />
<br />General Fund
<br />Street Replacement
<br />Lake Orono
<br />Library
<br />Dam Loan
<br />Development Fund
<br />Surface Water Management
<br />City Special Assessments
<br />1994 Storm Sewer Bonds
<br />2000 Certificate of Indebtedness
<br />1999 Certificate of Indebtedness
<br />1998 Certificate of Indebtedness
<br />1997 Certificate of Indebtedness
<br />
<br /> HACA
<br />Gross Levy Reduction Net Levy
<br />$ 4,340,783 $ 520,499 $3,820,284
<br />126,540 9,877 116,663
<br />17,631 2,114 15,517
<br />66,650 7,992 58,658
<br />32,572 3,906 28,666
<br />137,383 16,473 120,910
<br />61,350 7,356 53,994
<br />27,717 3,324 24,393
<br />112,387 13,476 98,911
<br />54,000 6,475 47,525
<br />38,450 4,610 33,840
<br />22,010 2,639 19,371
<br />21,038 2,523 18,515
<br />
<br />TOTAL $ 5,058,511 $ 601,264 $4,457,247
<br />
<br />Passed and adopted by the City Council of the City of Elk River this 11th
<br />
<br />day of September, 2000.
<br />
<br />Steph~lnie Klinzing, - '
<br />
<br />~'andra A. Peine, City Clerk
<br />
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