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HomeMy WebLinkAboutCCRes_91-24• No. CITY OF FALCON HEIGHTS C O U N C I L R E S O L U T I O N R-91-24 Date April 24, 1991 WHEREAS, the Applicant has presented to the City Council an application for deferral of special assessments pursuant to law; and WHEREAS, the Applicant is over age 65 and meets the other requirements for deferral of special assessments; NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Falcon Heights, Minnesota, as follows: 1. Viola M. Gulden (the Applicant) is hereby granted deferral of both principal and interest on payment of special assessment for the 1991 street improvement on Parcel No. 16-29-23-44-0016 on the following conditions: 1. That the conditions described in the application for deferral continue to exist. • 2. This deferral shall terminate after a period of 10 years. A RESOLUTION OF THE CITY OF FALCON HEIGHTS APPROVING DEFERRED ASSESSMENT (PRINCIPAL AND INTEREST) 3. This deferral shall terminate upon: • a. Applicant's death, provided that the spouse is otherwise not eligible for the benefits hereunder; b. The sale, transfer or subdivision of the property or any part thereof; c. If the property should, for any reason, lose its homestead status; --------------------------------------------------------------------------------------- Moved by Sam Jacobs Approved by ~G'~~ C..~_ Mayor ~- YEAS Nays BALLWIN CIERNIA GEHRZ WALLIN JACOBS April 24, 1991 to U 5 in Favor Attested by'.`- Cit Clerk 0 Against April 24, 1991 Date Adopted by Council April 24, 1991 R-91-24 Page 2 • d. If for any reason the City Council determines that there would be no hardship to require immediate or partial payment. 2. Those sums otherwise due and payable for the special assess- ments shall accrue interest at the rate of 8~. • •