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<br />RESOLUTION 05-_ <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION DESIGNATING THE MAXIMUM HOUSEHOLD INCOME <br />LEVEL FOR QUALIFICATION FOR DEFERRAL OF SPECIAL <br />ASSESSMENTS BASED ON HARDSHIP <br /> <br />WHEREAS, Section 62-1, Deferral of Special Assessments, of the Code of <br />Ordinances for the City of Elk River, Minnesota, states that the Council <br />shall annually approve, by resolution, a maximum household income <br />level in order to qualify for deferral; and, <br /> <br />WHEREAS, the City Council has determined that the maximum household income <br />allowable in order to qualify for deferral of special assessments based <br />on hardship, assuming that the other qualifications are also met, is as <br />follows for 2005: <br /> <br />Household Size <br />I <br />2 <br />3 <br />4 <br />5 <br /> <br />Maximum Annual Gross Income <br />$18,819 <br />$24,609 <br />$30,399 <br />$36, 190 <br />$41,980 <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk <br />River, Minnesota, that in order to qualify for deferral of assessments based on hardship <br />in 2005, the above household income requirements must be met. <br /> <br />Passed and adopted by the City Council of the City of Elk River, Minnesota, this 12th day <br />of September 2005. <br /> <br />Stephanie Klinzing, Mayor <br /> <br />ATTEST: <br /> <br />Joan M. Schmidt, City Clerk <br /> <br />s: \Resolutions \2005 Resolutions \ U nappro\Ced \l\Ia.'(imum Household Levy.doc <br />