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©rri OF REQUEST FOR COUNCIL CONSIDERATION Agenda Section 6 .((L STAFF REPORT • Report Number: Wj pl,;(... Report Date: 10/30/96 0 WORKSESSION MEETING DATE - November 4, 1996 pSfPartnetSS Item Description: . Senior Citizens Hardship Deferral of Special Assessments Administrator's Review/Recommendation: -No Comments to supplement this report -Comments attached. , Explanation/Summary(attach supplement sheets as necessary) Summary: State Statutes allow for the deferral of special assessments for senior citizens (age 65 or older) or individuals who are totally and permanently disabled for whom it would be a hardship to make the payments on said special assessments. The City adopted the provisions of this statute via Section 202.13 of the City Code. Said Section of the City Code stated"... the City Council shall adopt a resolution establishing standards and guidelines for determining the existence of a hardship relative to any special assessment adopted under this Chapter ...". It does not appear that such a resolution has been adopted. The City has recently received one plication for a deferral on the Pleasant View Drive project and we anticipate receiving another application n the Bronson Drive project. In order to act on these applications, it appears that the Council should adopt a resolution setting forth the criteria under which such an application will be evaluated. Based upon the League of Minnesota Cities Local Improvement Guide, we recommend the following criteria be used: Eligibility: 1. Ownership. The applicant must be the fee simple owner of the property or must be a contract vendee for fee simple ownership. An applicant must provide either a recorded deed or contract for deed with the application to establish a qualified ownership interest as required herein. 2. Homestead. The property must be the applicant's principal place of domicile and classified on the City's and County's real estate tax rolls as the applicant's homestead. 3. Net income. The applicant's net income and net income of all other joint tenants,tenants in common or contract vendees in title to the property may not exceed ???? during the preceding year from the assessment levy. Net income determinations shall be made using federal and state income tax forms. Interest on Deferred Assessments. All deferred special assessments shall be subject to and charged simple interest at the prevailing interest rate applicable at the time the assessment was originally levied. Said interest shall be payable upon termination of the deferred status. er discussing the issue, the net income amount can be added and the information presented in resolution rm for a future City Council meeting. Bruce Kessel, Finance Director ,'_