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RESOLUTION 01- 56 <br /> <br /> A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION DESIGNATING THE MAXIMUM HOUSEHOLD <br />INCOME LEVEL FOR QUALIFICATION FOR DEFERRAL OF <br />SPECIAL ASSESSMENTS BASED ON HARDSHIP <br /> <br />WHEREAS, <br /> <br />Section 1404.00, Deferral of Special Assessments, of the Code <br />of Ordinances for the City of Elk River, Minnesota, states that <br />the Council shall annually approve, by resolution, a maximum <br />household income level in order to qualify for deferral; and, <br /> <br />WHEREAS, <br /> <br />the City Council has determined that the maximum household <br />income allowable in order to qualify for deferral of special <br />assessments based on hardship, assuming that the other <br />qualifications are also met, is as follows for 2001: <br /> <br />Household Size <br /> <br />Maximum Annual Gross Income <br /> <br />I $17,456 <br />2 $22,828 <br />3 $28,200 <br />4 $33,572 <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the City Council of the City <br />of Elk River, Minnesota, that in order to qualify for deferral of assessments <br />based on hardship in 2001, the above household income requirements must <br />be met. <br /> <br />Passed and adopted by the City Council of the City of Elk River, Minnesota, <br />this 27th day of August, 2001. <br /> <br />Sandra A. Peine, City Clerk <br /> <br />Stept~anie Klinzing,~yor <br /> <br />S:\DOCUMENTXRESOLUTIX2001 assessdef. DOC <br /> <br /> <br />