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Page 16 <br /> 4. Prepayment. The property owner may at any time prior to November 15 <br /> of the initial year, prepay the balance of the assessment with interest <br /> accrued to December 31 of that year. The property owner may also <br /> choose to pay the remaining assessment balance at any time, with the <br /> exception of the current year's installment of principal and interest. <br /> D. Appeals Procedures. No appeal may be taken as to the amount of any <br /> assessment adopted unless a written objection signed by the affected property <br /> owner is filed with the City Clerk's office prior to the assessment hearing or <br /> presented to the presiding officer at the hearing. The property owner may appeal- <br /> an assessment to District Court by serving notice of the appeal upon the Mayor <br /> or City Clerk within thirty (30) days after the adoption of the assessment and filing <br /> such notice with the District Court within ten (10) days after service of the appeal <br /> upon the Mayor or City Clerk. <br /> E. Reapportionment Upon Land Division. When a tract of land against which a <br /> special assessment has been levied is subsequently divided or subdivided by plat <br /> or otherwise, the City Council may, on application of the owner of any part of the <br /> tract or on its own motion, equitably apportion among the various lots or parcels <br /> in the tract all the installments of the assessment against the tract remaining <br /> unpaid and not then due if it determines that such apportionment will not <br /> materially impair collection of the unpaid balance of the original assessment <br /> against the tract. The apportionment shall be done on the same basis as the <br /> original assessment unless another method of apportioning can be done with the <br /> owner's acceptance and if the apportionment will not materially impair collection <br /> of the unpaid balance of the assessment against the tract of land. In any case, <br /> the City Council may require furnishing of a satisfactory surety bond in certain <br /> cases as specified in Minnesota Statutes Section 429.071, Subd. 3. Notice of the <br /> apportionment and of the right to appeal shall be mailed to or personally serviced <br /> upon all owners of any part of the tract. <br /> F. Senior Citizen Deferral. Chapter 202.13 of the Mounds View City Code allows the <br /> City Council, at its discretion, to defer the payment of any special assessment for <br /> local improvements constructed by the City when it determines by a three-fifths <br /> (3/5) vote that the property being assessed is homestead property and that one <br /> or more of the owners of the property is sixty-five (65) years of age or over and <br /> that the payment of the assessment would be a hardship for the owner thereof. <br /> The interest for senior citizen deferral shall be at the same rate that the City sets <br /> for other property owners for the improvement. <br />