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Exhibit E, LID Timeline from the City of Orono to form the Stubbs Bay LID <br />April 14`' Council Meeting — Present information about Stubbs Bay LID and request for <br />input from council <br />May 5" — Send City initial majority petitions to verify and certify <br />May 12' Council Meeting — City formally accepts (or rejects) signatures on petition, petition <br />and proposal in order to move forward with a public hearing notices <br />May 13' at 10 am — Send Public Hearing notice to the newspaper for May 17`' edition <br />May 20' at 10 am — Send Public Hearing notice to the newspaper for May 24`' edition <br />June 2°d — Send City items to include in the June 9`' Council meeting <br />June 9`' Council Meeting— tentative date for Public Hearing (must fall within 30 days of <br />complete petition/proposal) and Council to accept the certified petition and approve <br />resolution establishing the LID (June 23' backup date). Must also have approval by DNR at <br />this time. <br />July 1" — Deadline for City to send information to County to establish LID in order to <br />certify to 2026 property tax roll. See MN State Statute 275.067. <br />249 <br />