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l4 <br /> MEMORANDUM <br /> DATE: August 21, 1996 <br /> TO: Mike Mornson, City Manager <br /> FROM: Roger Larson, Finance Director <br /> ITEM: DEFERRAL OF 1995 SPECIAL ASSESSMENT <br /> Mr. John A. Knutson, 3105 Bell Lane, has made application to defer the remaining balance of <br /> $2,910.13 for the 1995 Street Improvement Project. The original assessment was for 15 years <br /> and totaled $3,118.00 <br /> Mr. Knutson is retired from employment by virtue of a permanent and total disability. He has <br /> provided the City of St. Anthony a copy of his 1995 income tax return and I have verified that <br /> a hardship exists (his total adjusted gross income tunes 1% is less than the annual assessed <br /> installment). <br /> • I advised Mr. Knutson that the deferment shall terminate if any of the following apply: <br /> 1) The property owner requests termination of the deferment. <br /> 2) The sale, transfer or subdivision of title occurs. <br /> 3) The loss of homestead status. <br /> 4) The City determines that the hardship no longer exists. <br /> Recommendation: <br /> The remaining special assessment balance of$2,910.13 for the 1995 Street Improvement Project <br /> be deferred for the property at 3105 Bell Lane, St. Anthony, MN 55418. <br /> • <br />