HomeMy WebLinkAbout2006.09.05 RESO 2006-0052RESOLUTION NO. 2006 — 52
RESOLUTION ESTABLISHING A PROGRAM TO DEFER PAYMENT OF
SPECIAL ASSESSMENTS FOR SENIOR CITIZENS
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO,
MINNESOTA, as follows.
Section 1. Special Assessment Deferral
Pursuant to Minn. Stat. 435.193 through 435.195 senior citizens may defer special
assessments levied against homestead property owned by the applicant if the criteria set
forth below are met by the applicant.
Section 2. Eligibility
Any person 65 years of age or older may defer special assessments levied against real
property for public improvements if the following conditions are met:
A. Ownership. The applicant must be the fee simple owner of the property or must
be a contract vendee for fee simple ownership.
B. Homestead. The property must be the applicant's principal place of domicile and
classified on the County's real estate tax rolls as the applicant's homestead.
Section 3. Interest on Deferred Assessment
All deferred special assessments shall be subject to and charged simple interest at the
prevailing rate applicable at the time the assessment was originally levied. Said interest
shall be payable upon termination of the deferral status.
Section 4. Termination of Deferral Status
Special assessment payments deferred pursuant to the eligibility requirements set forth by
this resolution shall become payable effective upon the occurrence of one of the
following events:
A. Sale of Property. The subject property is sold, transferred, subdivided, or in any
way conveyed to another by the fee owner qualified for deferral status.
B. Death of Owner. The death of the fee owner qualified for deferral status unless a
surviving spouse is eligible for the deferral benefit provided hereunder.
C. Non -homestead Property. The subject property loses its homestead status for any
reason.
D. No Hardship. The City Council determines that there would be no hardship to
require an immediate or partial payment of the deferred special assessment.
Section 5. Filing for Deferral Status
An eligible applicant must file an application within 30 days of the adoption of the
assessment to which the deferral applies. All deferral applications must be made on
forms approved by the City and submitted to the City Clerk.
Upon roll call, the following Members voting AYE: Haas, Petryk, Granger, Puleo, and
Miron.
Upon roll call, the following Members voting NAY: None.
Whereupon said resolution was declared passed and adopted the 5t' day of September,
2006.
iron, Mayor
ATTEST:
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Mary Creager, City Clerk