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— ®s: — ss: — NEM MIM, ME a: NM M M — M i — MN i MI it 1I ism N ME . <br />di AND SCHOOL DISTRICT ELECTION BALLOT <br />Lino Lakes, Minnesota <br />November 7, 1995 <br />INSTRUCTIONS TO VOTERS <br />Completely fill in the oval ® opposite the name of the <br />candidate you wish to vote fon <br />ES CHARTER AMENDMENT <br />ERM <br />NE <br />" COOPER <br />tS <br />ON <br />1BER <br />'ERM <br />ITWO <br />S <br />EST <br />: MARK UDEN <br />►N <br />CHARTERAMENDMENT <br />INSTRUCTIONS TO VOTERS <br />Voters desiring to vote in favor of the Charter amendment listed below, fill in the oval opposite the word <br />"YES" below the amendment. Voters desiring to vote against the Charter amendment listed below, fill <br />in the oval opposite the word "NO". <br />Replace entire sections of 8.04, 8.05, 8.06 and 8.07 of the current Charter with two (2) sections as follows: <br />8.04 SpecL4ssessatentLimitations <br />Subdivision 1. The amount of the special assessment against abenefited property shall belimited <br />to the special benefit received from an improvement project. <br />Subdivision 2.. The portion of the special assessment which is for installing sewer and water <br />mains, pipes, or service (not including storm sewer) for any property served by an operating private <br />well and septic system shall be a deferred assessment. <br />Subdivision 3. The deferred asst shall bear interest accrued from the date of the resolution <br />establishing the special assessments, at a rate not to exceed 1 % in excess of the interest rate paid by the <br />City on the improvement financing. Interest shall accrue on the deferred assessment for a maximum of <br />fifteen (15) years. The deferred assessment shall be due and payable per state statute upon hookup to <br />sewer and water, subdivision of or sale of the property. <br />8.05 Additional Funding <br />Improvement cost not covered by special assessments may be funded by the use of general funds <br />of the City. <br />O YES <br />O NO <br />