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Resolution of Karth Lake Improvement District Board <br />Resolved on January 15, 2020 at KLID Board Meeting <br /> <br /> <br />Now therefore be it resolved by the Karth Lake Improvement District Board that: <br /> <br />1. The City implement Option #1 as proposed by the City Engineer for an estimated cost of <br />$13,002. <br /> <br />2. The residents on the lake pay for 100% of the cost through assessments proportional to <br />each properties tax value over the tax years of 2021 & 2022. <br /> <br />Providing: <br /> <br />1. The City will finance the initial costs so the pump and control panel can be <br />replaced/repaired by spring as described in Option #1. <br />2. The City will take responsibility for stabilizing the slope and controlling erosion in the <br />area of the pump and control panel. <br />3. The City will continue to cover the cost of operating the pump, installing it in the spring, <br />removing it in the fall and storing it. <br /> <br /> <br /> <br /> <br />Gary Gerding <br />Secretary, Karth Lake Improvement District Board