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Under Minn. Stat. 435.193 to 435.195, the City Council may, in its discretion, defer the payment <br />of this special assessment for any homestead property owned by a person 65 years of age or <br />older for whom it would be a hardship to make the payments. When deferment of the special <br />assessment has been granted and is terminated for any reason provided in that law, all amounts <br />accumulated plus applicable interest become due. Any assessed property owner meeting the <br />requirements of this law and the resolution adopted under it may, within 30 days of the adoption <br />of the assessment, apply to the City Clerk for the prescribed form for such deferral of payment of <br />this special assessment on his property. <br />Dated this 4 h day of September, 2018 <br />Ronald J. Otkin <br />Finance Director <br />651 762-6314 <br />Enclosures: <br />Assessment Roll <br />