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1 <br />1 <br />COUNCIL MEETING JUNE 27, 1988 <br />prepare a generic draft ordinance for the Council to <br />consider and change to what they feel would be appropriate <br />for Lino Lakes. <br />Mr. Hawkins told the Council that they should decide first <br />whether they feel such an ordinance is appropriate for this <br />City. If the Council feels it is appropriate, does the <br />Council feel the standards suggested in this ordinance are <br />appropriate or should they be adjusted. Another <br />consideration should be whether or not there should be <br />interest on the deferred assessments. He noted that some <br />communites do not charge interest. <br />Mr. Bisel felt the object of such an ordinance would be to <br />not force older people out of their homes. Mayor Benson said <br />that he has a problem with Subdivision I, Sections C and D. <br />He asked if these figures are reasonable. Mr. Hawkins noted <br />that the average value of a home in Lino Lakes is $84,000 <br />and said that the figure used in the proposed ordinance may <br />be low. After discussing items C and D further, Mr. Bisel <br />moved to table this item until the July 25, 1988 Council <br />meeting. Mr. Bohjanen seconded the motion. Motin carried <br />unanimously. The staff was requested to research figures <br />for items C and D further. <br />CITY OF LINO LAKES <br />ANOKA COUNTY <br />MINNESOTA <br />ORDINANCE NO. 08 - 88 <br />AN ORDINANCE PROVIDING FOR THE DEFERMENT OF SPECIAL <br />ASSESSMENTS <br />The City Council of the City of Lino Lakes ordains as <br />follows: <br />SECTION I. DEFERMENT OF SPECIAL ASSESSMENTS <br />Subdivision 1. The Council may defer the payment of any <br />special assessments on homestead property owned by a person <br />who is sixty -five (65) years of age or older, or who is <br />retired by virtue of permanent and total disability, and the <br />City Clerk is hereby authorized to record the deferment of <br />special assessments where the following conditions are met; <br />but nothing herein contained shall be construed to prohibit <br />the determination of such a hardship on the basis of <br />