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HomeMy WebLinkAbout13.F.1. 2007 EDA Tax Levy Consent-Res. No. 6641 /aF I. CITY OF SHAKOPEE Memorandum TO: Mayor and Council Mark McNeill, City Administrator FROM: Gregg Voxland, Finance Director RE: 2007 EDA Tax Levy Consent Resolution No. 6641 DATE: August 15, 2007 Introduction Attached is Resolution Number 6641, which consents to the EDA tax levy. Background State law MSA 469.107 provides that the City Council may levy a tax at the request of the EDA for economic development purposes. Further, MSA 469.033 provides that the City Council may consent to a levy by the EDA for redevelopment purposes. Accordingly, the attached resolution is provided for Council action. Action Offer Resolution Number 6641, A Resolution Levying A Tax At The Request Of, And Consenting To The Levy Of A Tax By, The Economic Development Authority For The City Of Shakopee, and move its adoption. jIV Gregg Voxland Finance Director h:\budgetO~\budres08 RESOLUTION NO. 6641 A RESOLUTION LEVYING A TAX AT THE REQUEST OF, AND CONSENTING TO THE LEVY OF A TAX BY, THE ECONOMIC DEVELOPMENT AUTHORITY FOR THE CITY OF SHAKOPEE WHEREAS, the Economic Development Authority for the City of Shakopee was created pursuant to Minnesota Statutes, Section 469.091 et. seq. , as amended, and WHEREAS, Section 469.107 states the governing body of the municipality may levy a tax at the request of the Authority, and WHEREAS, Section 469.033 states that for redevelopment purposes, the Economic Development Authority may levy a tax with the consent of the governing municipality, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the City Council levies a special tax of $60,000 pursuant to MSA 469.107 to be collected in 2008 for the Economic Development Authority by the City of Shakopee. BE IT FURTHER RESOLVED that the City Council of the City of Shakopee consents to a special tax levy of $20,000 pursuant to MSA 469.033 to be collected in 2008 by the Economic Development Authority. Adopted in session of the City Council of the City of Shakopee, Minnesota held this day of September, 2007. Mayor of the City of Shakopee ATTEST: City Clerk