Laserfiche WebLink
<br /> <br /> <br />2004 Assessment Policy – Page 11 <br />The assessment process shall be carried out in accordance with Minnesota Statutes Chapter <br />429. The assessment rate shall be on a per-lot unit basis and shall be calculated and processed <br />in accordance with the current Arden Hills Pavement Management Program and Assessment <br />Policy. <br /> <br />Hardship Deferrals <br />Minnesota Statute No. 435.193 allows the City, at its own discretion, to defer the payment of <br />any assessment for any homestead property, that is a primary place of residence, owned by a <br />person sixty-five (65) years of age or older, or retired by virtue of a permanent and total <br />disability for which it would be a hardship to make the payments. Under the hardship criteria, <br />no payment amount is reduced or eliminated, but deferred to a future date. Eventually, a <br />payment in full with interest will be due to the City/County. <br /> <br />The person filing for a senior deferment must be sixty-five (65) of age on or before <br />December 31st of the assessment year. <br /> <br />In order to receive such a deferment, the affected person must establish the economic <br />hardship that would be incurred to the reasonable satisfaction of the Arden Hills City Council <br />by providing documentation showing an annual gross income less than fifty percent (50%) of <br />the Ramsey County median household income as determined by the most recent census. <br /> <br />The deferral will last for a period of not more than ten (10) years, and will terminate before <br />ten (10) years if any one of the following conditions is present: <br /> <br />▪ The owner of the property dies and the spouse is not eligible for a deferment; <br />▪ The property is sold; <br />▪ The property is no longer homestead; <br />▪ The City Council determines that there is no longer hardship incurred in immediately <br />requiring either full or partial payment of the assessment. <br /> <br />The City reserves the right to periodically request verification of continued eligibility for a <br />hardship deferral. <br /> <br />It should be noted that during the term of the deferral, interest will accrue. At the termination <br />of the deferral period, interest and principal will be due in a lump sum amount. <br /> <br />An application for deferment of special assessments is available at the City Offices. It is the <br />responsibility of the resident to submit a completed deferral form, along with tax documents, <br />to the Finance Director for approval. This application must be filed within 30 days of the <br />assessment role. The submission of a deferral form to the City does not automatically qualify <br />a resident for the deferral. If a resident is approved for the deferral, the City staff will notify <br />the resident of the approval. The City staff on a periodic basis may request the resident to <br />verify their eligibility.