HomeMy WebLinkAbout13.F.1. 2011 Economic Development Authority (EDA) Tax Levy-Res. No. 7116/3. F 1,
CITY OF SHAKOPEE
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator /
FROM: Julie A. Linnihan, Finance Director
RE: 2011 EDA Tax Levy Consent Resolution No. 7116
DATE: August 31, 2011
Introduction
Attached is Resolution Number 7116, which consents to the EDA tax levy for 2011/2012.
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. This levy is not submitted for 2012 budget purposes.
Accordingly, the attached resolution is provided for Council action.
Action
Offer Resolution Number 7116, 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.
EDA Resolution to Request City Levy 2012
RESOLUTION NO. 7116
A RESOLUTION LEVYING ATAX ATTHE REQUESTOF, 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 $80,000 pursuant to MSA 469.107 to be collected in 2012 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
$ -0- pursuant to MSA 469.033 to be collected in 2012 by the Economic Development Authority.
Adopted in session of the City Council of the City of Shakopee, Minnesota held this
day of September, 2011.
Mayor of the City of Shakopee
ATTEST:
City Clerk
EDA Resolution to Request City Levy 2012