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<br />34 the additional interest the deferred payment accrues. For example, the proposed special <br />35 assessments for County Road B Reconstruction Project total under $140,000 on a roughly <br />36$3,000,000 project. <br />37 <br />38 Staff Recommendations <br />39 Staff recommends that City Council Approve a resolution updating the City’s special <br />40 assessment deferral policy. <br />41 <br />42 Requested Council Action <br />43 Approve resolution updating the City’s special assessment deferral policy. <br />44 <br />45 <br />Jennifer Lowry, Assistant Public Works Director / City Engineer <br />Prepared by: <br />1. Resolution <br />Attachments: <br />2. City Resolution No. 7216 <br />3. Minnesota State Statute § 435.193-135.194 <br />4. Saint Paul example <br />5. PWETC Draft Minutes <br />46 <br />Page 2 of 2 <br />Qbhf!54!pg!248 <br /> <br />