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RESOLUTION 02- 83 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING THE PROPOSED PROPERTY TAX LEVY <br /> FOP, COLLECTION IN ZOO.3 <br /> <br />WHEREAS, <br /> <br />the Elk River City Council has reviewed the City's anticipated <br />expenditures for all funds in 2003; and, <br /> <br />WHEREAS, the Elk River City Council has considered projected revenues for <br /> all funds in 2003; 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 /> the following amounts are the maximum to be levied as property taxes <br /> payable in 2003: <br /> <br />General Fund <br />Street Replacement <br />Library <br />Surface Water Management <br />City Special Assessments <br />1994 Storm Sewer Bonds <br />2003 Certificate of Indebtedness <br />2000 Certificate of Indebtedness <br />1999 Certificate of Indebtedness <br />PERA Employer Rate Increase <br />Public Safety Lease Revenue Bonds <br />Economic Development Tax Abatement <br /> <br />TOTAL <br /> <br />Levy <br />$4,580,083 <br /> 150,000 <br /> 69,000 <br /> 175,000 <br /> 25,298 <br /> 115,233 <br /> 140,000 <br /> 41,088 <br /> 35,032 <br /> 9,713 <br /> 634,000 <br /> 5,714 <br /> <br />$5,98o,161 <br /> <br />Passed and adopted by the City Council of the City of Eik River this 9th <br />day of September, 2002. <br /> <br /> v Steph~i Klinzing, MaW ' <br />ATTEST: <br /> <br />Sandra A. Peine, City Clerk <br /> <br /> <br />