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92-023 RES . . . RESOLUTION 92 - 23 RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION DESIGNATING THE MAXIMUM HOUSEHOLD INCOME LEVEL FOR QUALIFICATION FOR DEFERRAL OF SPECIAL ASSESSMENTS BASED ON HARDSHIP WHEREAS, Section 1404, Item 1.a. of the Code of Ordinances for the City of Elk River states that the Council shall annually approve by resolution a maximum household income level in order to qualify for deferral; and, WHEREAS, the City Council has determined that the maximum household income allowable in order to qualify for deferral of special assessments based on hardship, assuming that the other qualifications are also met, is set at $16,500 for 1992. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota that in order to qualify for deferral of assessments based on hardship for 1992, the total household income must be less than $16,500. Passed and adopted by the City Council of the City of Elk River this 6th day of April, 1992. ATTEST: J~ ~~fi James A. Tralle, Mayor