HomeMy WebLinkAbout5.A. 2003 EDA Tax Levy Consent-Res. No. 5949
CITY OF SHAKOPEE
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
RE: 2003 EDA Tax Levy Consent Resolution No. 5949
DATE: August 18, 2003
Introduction
Attached is Resolution Number 5949, 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 5949, 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.
~ Voxland
Finance Director
g:\budget04\budres04
RESOLUTION NO. 5949
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 SHAKO PEE
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 2004 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 2004 by the Economic Development
Authority.
Adopted in session of the City Council of the City of
Shakopee, Minnesota held this day of September, 2003.
Mayor of the City of Shakopee
ATTEST:
City Clerk