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HomeMy WebLinkAboutCCRes_86-41,,._ ~n Favor Against C O U N C I L R E S O L U T I O N -~ • _ Date- September 24, 1986 A RESOLUTION RELATING TO HARDSHIP DEFERRAL OF SPECIAL ASSESSMENTS FOR SENIOR CITIZENS The City Council of the City of Falcon Heights does Resolve as Follows: Deferment of Special Assessments for Senior Citizens. The Council may defer the payment of any special assessment on homestead property owned by a person who is 65 years of age or older or permanently retired due to disability when payment of the assessment would create a hardship upon the property owner as defined below in Standards of Hardship. The deferment shall be granted upon a certif ication by the owner on a form prescribed by the county auditor supplemented by the city clerk to establish the qualification of the owner for such deferment. The application shall be made within 30 days after the adoption of the assessment roll by the Council. The Council shall either grant or deny the deferment and if granted, the clerk shall notify the county auditor who shall, in accordance with Minnesota Statutes, Section 435.194, record a notice of the deferment with the county recorder setting forth the amount of the assessment. Standards of Hardship. A hardship shall be deemed prima facie to exist when the following apply: • The annual gross income of the applicant according to his most recent federal income tax return plus his tax-exempt income does not exceed the latest median income as determined by the U.S. Department of Housing and Urban Development. If no such return was made, the Clerk Administrator shall require the applicant to submit other pertinent information to show that this qualification is met. The following guidelines will also be followed: (1) no deferrals of assessments less than $500.00; (2) deferral of principal only, interest must be paid annually, and (3) ten year cap on deferment, however, under unusual circumstances, Council will consider extension. Any determination shall be made in a non-discriminatory manner and. shall not give the applicant an unreasonable preference or advantage over other applicants. The option to defer the payment of special assessments shall terminate and all amounts shall become due upon the occurrence of any one of the following events: (1) the sale, transfer, or subdivision of all or any part of the property; (2) loss of homestead status on the property; and (3) determination by the Council for any reason that there would be no hardship to require immediate or partial payment. Movad b)' Councilmember Chenoweth Seconded by Councilmember Wallin ~eas Nays ~.'.DWN ~IE?,`1IA G/~ARD ~HENOWE'tii ~WALLIN Adopted by Council No, R-86-41 CITY OF FALCON HEIGHTS Approved be /C~j ;~~,~~~~ , Ma; o r -~~ September 24, 19 86 Date ~~ / ~ Attested by .~ ~,~y.--~ Clerk Aamin. September 24, 1986 September 24, 1986 Date • • -z- Upon the occurrence of one of the events specified in the above paragraph, the Council shall terminate the deferment. Thereupon, the City Clerk Administrator shall notify the County Assessor and the County Auditor of the termination, including the amounts accumulated on unpaid installments plus applicable interest which shall be spread over the time remaining on the original assessment. •