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WHITE #2 - - 7/11/95 <br /> Section 8.05 Council Action. <br /> Subdivision 1. The approval of at least sixty percent of benefited property <br /> owners together with a resolution adopted by a four-fifths affirmative vote <br /> of the council are required to act on a local improvement. <br /> Subdivision 2. Regardless of the provisions in Section 8.04 of the Charter, <br /> when less than 100 percent of the estimated cost of a proposed local improvement <br /> is to be paid for by special assessment, within the sixty day period after a <br /> public hearing has been held on the proposed improvement, a petition may be <br /> filed with the council, signed by a majority of the number of electors who voted <br /> for mayor in the last regular municipal election, protesting against either the <br /> improvement, or the assessment formula, or both. In this event, the council <br /> shall not proceed with the improvement, as proposed. <br /> Subdivision 3. When a proposed improvement is allowed under the foregoing <br /> subdivisions, the council may proceed at anytime between sixty days and one <br /> year after the public hearing on the improvement. However, no contract shall <br /> be let in the event that the current proposed contract exceeds the estimated <br /> cost by more than ten percent. <br /> Subdivision 4. When a proposed improvement is disallowed under the foregoing <br /> subdivisions, the council may not vote on the same improvement within a period <br /> of one year after the public hearing on said improvement. <br /> I <br />