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RESOLUTION 98 - 117 <br /> <br /> RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLTUION APPROVING DEFERRED SPECIAL ASSESSMENT <br /> FOR THE 1998 LAKE ORONO SEDIMENT REMOVAL <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />the apphcant has presented to the City Council an apphcation <br />for deferred special assessments pursuant to law; and, <br /> <br />the apphcant is over 65 years of age and meets the financial <br />requirement for deferral of special assessments. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Elk River, Minnesota, as follows: <br /> <br />James H. Stevenson is hereby granted deferral of special assessment for <br />the 1998 Lake Orono Sediment Removal Project on Parcel #75-411-0520 <br />on the following conditions: <br /> <br />ao <br /> <br />bo <br /> <br />That the conditions described on the apphcation for deferral continue <br />to exist. <br /> <br />This deferral shall terminate after a period of ten years unless <br />extended pursuant to Section 1404 of the City Code of Ordinances. <br /> <br />c. This deferral shall terminate upon: <br /> <br />i. Apphcant's death, provided that the spouse is not otherwise <br /> ehgible for the benefits hereunder; <br /> <br />ii. The sale, transfer, or subdivision of the property or any part <br /> thereof; <br /> <br /> <br />