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RES 05-104 . . . RESOLUTION 05- 104 A 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 62-1, Deferral of Special Assessments, of the Code of Ordinances for the City of Elk River, Minnesota, 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 as follows for 2005: Household Size I 2 3 4 5 Maximum Annual Gross Income $18,819 $24,609 $30,399 $36,190 $41,980 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk River, Minnesota, that in order to qualify for deferral of assessments based on hardship in 2005, the above household income requirements must be met. Passed and adopted by the City Council of the City of Elk River, Minnesota, this 12th day of September 2005. A..' .,. ~'" ~,>;K~:fM'N\L~iv4 Steph~nie Klinzing, ... or. ATTEST: , ~ . Schmidt, City Clerk 05-104