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3.8. SR 08-27-2001MEMOlt NDUM Item ~3.8. TO: FROM: DATE: SUBJECT: Mayor and City Council Lori Johnson, Finance Director ~/~ ~ August :27, 2001 Resolution Designating the Maximum Household Income Level for Qualification for Deferral of Special Assessments Based on Hardship Attached is a resolution to set the maximum annual income levels allowed in order to qualify for deferral of special assessments based on hardship for 2001. As in the past, the income levels are based on the income eligibility guidelines for the State of Minnesota's Energy Assistance Program which are 50% of the state median annual gross income. Action Requested The City Council is asked to approve the attached resolution designating the maximum household income level for qualification for deferral of special assessments based on hardship. s:\ council\assessde ferr..doc RESOLUTION 0l- 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 1404.00, 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 2001: Household Size Maximum Annual Gross Income 1 $17,456 2 $22,828 3 $28,200 4 $33,572 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 2001, the above household income requirements must be met. Passed and adopted by the City Council of the City of Elk River, Minnesota, this 27th day of August, 2001. ATTEST: Stephanie Klinzing, Mayor Sandra A. Peine, City Clerk S:\D OCUMENTXRESOLUTIX2001 assessdef. DOC