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RES~LUTI~~ 09 ~ 02 <br />A RES~LUTI~~ ~F THE ELR RIVER. <br />EC~~~I~IIC I~EVEL~PI~E~T A.UTH~RIT~ <br />A. RE~~LUTI~~ E~TA.RLI~HING THE TAB LEVY FAR THE ELI RIVER <br />EC~~~IIC I~EvEL~PMENT AUTHORITY I~IA.~II~ F~RTHE CITE ~F <br />ELR RIVER., MI~~ES~TA <br />wLIEREA~, Minnesota Statutes, Section 4G9,107, Subdivision 1, autl~.oxizes the <br />Economic Development Authority to levy an amount not to exceed <br />. ,01813 percent of the taxable market value .in the city to fund the <br />Authority's anticipated budget needs fox the fiscal year 2010; and, <br />wHEREA.~, the Elk River Econotl~ic Development Authority will adopt and approve <br />its budget and will forward such to the City of Ella R~.ver pursuant to <br />Min~.esota Statutes, Section 469.100, Subdivision 2, <br />New, THEREFORE, RE IT RES~LVEI~ by the Economic Development Authority iii <br />and fox the Cit~T of Elk River, Minnesota, that it hereby requests t11e City Council of the City <br />of Ells River to levy a tax in the amount of ,01813 percent of the taxable ~narl~et value i~~ the <br />city fox the year 2010 for the benefit of the Authority to be used for Econo~x~ic <br />Development Authority purposes as provided by the statute, <br />Passed and adopted by the Ells River Economic Development authority this 10~~1 day of <br />August, 200. <br />,.,. <br />~, ~, <br />r~ , ~ ;z ~ ~ <br />Yl~,~, <br />A <br />Patrick Dwyer, EDA President <br />ATTEST; .F <br />r 9 <br />r~ <br />Ewa <br />f' ~° ~ <br />r N~f. ) ,. <br />d~• ~~ ~ <br />.. <br />~; <br />.- ,, ,/~~~~~~~~ , <br />. .PF. r 6 C,J` !;r Fr" fir' d_..~ r~~" F.,` ~F -: ~ _ r <br />t, °.° -~ - ~ ,. ~ -- ~ <br />Catla.erine Mehelich, EDA Executive Director <br />S:~ED.~~DOCUM~NT~RESOLUT~ONS~EDA leery Resalu~ans~~D~T,~V2a10 Resn~.doc <br />