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• RESOLUTION 94-1 <br /> RESOLUTION OF THE ELK RIVER <br /> HOUSING AND REDEVELOPMENT AUTHORITY <br /> A RESOLUTION ESTABLISHING THE TAX LEVY FOR <br /> THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY <br /> FOR COLLECTION IN 1995 <br /> WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing <br /> and Redevelopment Authority to levy an amount not to exceed .0131% of <br /> the taxable market value of property within the area of operation for <br /> redevelopment purposes; and, <br /> WHEREAS, the Elk River Housing and Redevelopment Authority anticipates <br /> expenditures in 1995 for various redevelopment activities; and, <br /> WHEREAS, the Housing and Redevelopment budget must be approved before a special <br /> tax can be levied. <br /> NOW, THEREFORE, BE IT RESOLVED by the Elk River Housing and Redevelopment <br /> Authority that the Authority's 1995 budget is hereby approved. <br /> BE IT FURTHER RESOLVED that the Housing and Redevelopment Authority present <br /> to the City Council of the City of Elk River, Minnesota, a special tax levy <br /> not to exceed the statutory limit of.0131% of taxable market value for the <br /> benefit of the Authority to be used for purposes as provided in Minnesota <br /> Statutes. Upon adoption of the special levy of the City Council, said tax <br /> rate and levy will be certified to the Sherburne County Auditor as required <br /> by law. <br /> Passed and adopted by the Elk River Housing and Redevelopment Authority this 11th day <br /> of August, 1994. <br /> / 7 <br /> ir <br /> ....mmiLf-....__p .,.. _ . A <br /> Gene Sc'uldt, Chair <br /> ATIF,ST: <br /> OM1 <br /> illiam Rubin, Executive Director eda:hra 94-1r <br />