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- 13 - <br /> <br />CITY COUNCIL ACTION <br /> <br />1. Council reviews public hearing input. <br /> <br />2. Council takes action on adoption of assessment roll. <br /> <br />Persons objecting to an assessment at the public hearing held thereon <br />may appeal the assessment to the District Court pursuant to provisions <br />of Chapter 429 of Minnesota Statutes. <br /> <br />210.0111 <br /> <br />CAPITAL IMPROVEMENTS FINANCING <br /> <br />210.011iA FINANCING ALTERNATIVES <br /> <br />Current Revenue <br />a. General Fund <br />b. Park Development Fund <br />c. Revenue Sharing Fund <br />d. Public Utility Fund <br />e. Minnesota State Aid (MSA) Funds <br /> <br />Fund Balance <br />a. General Fund <br />b. Park Development Fund <br />c. Revenue Sharing Fund <br />d. Public Utility Fund <br />e. MSA Funds <br /> <br />3. General Obligation Bond Issues by Referendum or by Council action if <br /> 20% or more of the project is assessed to benefited property owners. <br /> <br />4. Revenue Bond Issues <br /> <br />5. Bond Issue Supported by M.S.A. Funds <br /> <br />Special Assessments <br />a. Front Foot Method <br />b. Area of Benefit <br />c. Unit Method <br />d. R.E.C. Charge <br /> <br />Other <br />a. Storm Sewer Improvement District <br />b. Collect up to 100% on M.S.A. Projects <br />c. Grants <br />d. Developer Contributions <br />e. Connection Charges <br /> <br />210.01lIB TRUNK FUNDS <br /> <br />The City shall establish separate trunk funds for sanitary sewer, storm sewer <br />and water trunk, source and storage. These funds shall be used to finance the <br />trunk improvements and revenues shall be generated by the assessment process. <br /> <br /> <br />