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RESOLUTION 82-7 <br /> S <br /> A RESOLUTION DETERMINING THE AMOUNTS TO BE ASSESSED AGAINST BENEFITING <br /> PROPERTIES IN THE PETERSON ADDITION AND TO BE PAID BY THE CITY OF ELK RIVER <br /> WHEREAS, M.S. 429.061 requires a certain specified procedure in order to assess <br /> properties for benefit derived as a result of improvement projects within <br /> the City of Elk River; and, <br /> WHEREAS, M.S. 429.061 requires that the City Council determine by resolution the <br /> amount of the total project expense which the City of Elk River will pay <br /> and the amount which will be assessed to the benefited property owners. <br /> NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Elk River that of <br /> the total project expense of $200,831.55, $136,765.17 be assessed to those <br /> individuals benefiting from improvements in and adjacent to the Peterson <br /> Addition and that $64,066.39 be paid by the City of Elk River. <br /> Passed and adopted this 3rd day of May, 1982. <br /> Richard Hinkle <br /> Mayor <br /> ATTEST: <br /> Robert C. Middaugh ' <br /> City Administrator <br />