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<br />. <br />. 1lSSESSMENl' OOl'ICE <br /> 1993 ARDEN PLllCE S'l'ClRM SEWER ~ <br /> the deferred assessment and this rate shall l:e recorded by the Auditor <br /> along with and in the same manner as the asssssment am:lllJlt. <br /> '!he option to defer special assessment payments shall terminate and all <br /> amounts accumulated, plus interest, shall become due and payable in any <br /> of the following instances: <br /> l. Death of the owner, provided that tl)e spouse is otherwise not <br /> eligible for the benefits; <br /> 2. Sale, transfer, or suJ:division of the property or any part <br /> thereof; <br /> 3. If the property loses its homestead status; <br /> 4. If the taxing authority deferring the payments determines that <br /> there would l:e no hardship to require :immediate or partial <br /> payment. <br /> An owner may appeal an assessment to district court under MS statutes, <br /> Sec. 429.081, by serving the appeal notice to the Mayor or City <br /> Administrator within 30 days from adoption of the as!':~<srnent and filing <br />. such notice with the court within ten days after service upon the Mayor <br /> or City Administrator, unless the property owner fails, without <br /> reasonable cause, to object prior to or at the asso"='1t hearing. <br /> In preparing the proposed assessment roll, staff bas calculated the <br /> amount of your asses.........t against your property as follows: <br /> $3,517.19 <br /> Prior to the assessment being certified to the County Auditor, you may <br /> pay the entire amount, with accrued interest to date of payment, to the <br /> City, except no interest will be charged if the amount is paid in full <br /> within 30 days from adoption of the assessment resolution, or prior to . <br /> NOVEMBER 15, 1993. <br /> fui.rty days after adoption of the assessment resolution, you may pay the <br /> RaIr1sey County Auditor the entire amount remaining unpaid with interest. <br /> If payment is made prior to November 15, interest is calculated through <br /> December 31 of this year. If payment is made after November 15, <br /> interest is calculated through December 31 of next. year. <br /> Partial prepayments are not authorized by City ordinance. Interest on <br /> this assessment is 8 percent per year. <br />. Dorothy A. Person <br /> City Administrator <br /> DAP/rk <br />