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10-09-2023 Assessment Hearing Packet - Spruce-Sunset-Sunrise-Sunrise MO
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10-09-2023 Assessment Hearing Packet - Spruce-Sunset-Sunrise-Sunrise MO
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27 <br />•Senior Citizen / Low-Income Deferral <br />•If assessment creates a financial hardship and <br />•Homestead property owned by a person 65 years of age or older or <br />•Retired by virtue of a permanent or total disability <br />•Unimproved Property Deferral (Subdividable Property) <br />•For properties not directly and immediately affected by the improvement <br />•May become due if connections/extensions to improvements add benefit to property <br />•Upon termination of deferment, all amounts plus applicable interest is due <br />•Apply within 30 days to the City <br />•Termination of deferral may be due to: <br />•Death of Owner <br />•Sale/Transfer/Subdivision of Property <br />DEFERRED ASSESSMENTS <br />•Death of Owner <br />•Sale/Transfer/Subdivision of Property <br />•Loss of Homestead Status <br />•Change in circumstances – no longer a hardship
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