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2.1 . Upon receipt of such estimate, the Council shall by resolution set a date for a public hearing 104 on the proposed improvement, setting forth therein the time, place and purpose of such hearing. 105 2.1.1 . Such resolution shall be described in the City Newsletter 106 2.1.2 . and published twice at least one week apart in the official newspaper of the City no less 107 than two weeks prior to the date of said hearing, 108 2.1.3 . and in addition thereto, a copy of such resolution including estimated unit prices and 109 estimated total price thereof shall be mailed to each benefited property owner at owner's last 110 known address at least two weeks prior to the date of said hearing. Failure to give mailed 111 notice, or any defects in the notice, shall not invalidate the proceedings. 112 2.1.4 . At such hearing the City Council shall receive any written and oral statements, and hear any 113 petitioners for or against the proposed improvement. 114 2.2 . A period of sixty days shall elapse after the public hearing before any further action shall be 115 taken by the Council on the proposed improvement. 116 If within such sixty day period, a petition against such improvement be filed with the Council, 117 1 signed by a majority of the owners proposed to be assessed for the improvement, 118 2 or, when the improvement has been petitioned for, signed by a number of the owners 119 proposed to be assessed for such improvement at least equal to the number of those who 120 petitioned for the improvement, 121 3 the Council shall not make such improvement at the expense of the property benefited, 122 2.2.2 . unless, in the meantime, there be filed with the Council a petition asking that the 123 improvement be made, 124 1 signed by property owners proposed to be assessed for such improvement at least equal in 125 number to those who signed the petition against the improvement; 126 2 in which event the Council may disregard the petition against the improvement. 127 2.2.3 . Any person whose name appears on a petition to the Council for a lLocal iImprovement, or 128 on a petition to the Council against a lLocal iImprovement, may withdraw their name by a 129 statement in writing filed with the Council before such petition is presented to the Council. 130 131 Subdivision 2. Regardless of the provisions in Subdivision 1, wWhen less than 100 percent of the 132 estimated cost of a proposed lLocal iImprovement is to be paid for by special assessment regardless of the 133 provisions in Subdivision 1, if within the sixty day period after a public hearing has been held on the 134 proposed improvement, a petition may be filed with the Council, signed by a majority of the number of 135 electors who voted for Mayor in the last regular municipal election, protesting against either the 136 improvement, or the assessment formula, or both. In this event, the Council shall not proceed with the 137 improvement, as proposed. 138 139 Subdivision 3. When a proposed improvement is allowed under the foregoing subdivisions the Council 140 may proceed at any time between sixty days and one year after the public hearing on the improvement. 141 However, no contract shall be let in the event that the current proposed contract exceeds the estimated cost 142 by more than ten percent. 143 144 Subdivision 4. When a proposed improvement is disallowed under the foregoing subdivisions, the Council 145 shall not vote on the same improvement within a period of one year after the public hearing on said 146 improvement. 147 148 149 Section 8.05. Procedure for Public Improvements funded by Dedicated Revenue. 150 151 How to deal with limits on Dedicated Revenue as it pertains to Maintenance Funds. 152 153