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HomeMy WebLinkAbout79-046 ~ .. .; for 'the 'for STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF ARDEN HillS RESOLUTION NO. 79-46 AUTHORIZING DEFERRAL OF SPECIAL ASSESSMENTS FOR SENIOR CITIZENS AND ESTABLISHING CRITERIA FOR DEFERRAL WHEREAS, MS/. 6435.193 author I zes mun I c I pa II tl as to p rov Ida the deferral of speclel assessments for senior citizens If, payment of such special assessments would create a hardship the senior citizen property ol'lner; and, -. WHEREAS. the City Council believes that It Is In the best Interest of all the cItizens of the.Clty of Arden Hills to estab- lish a procedure for the deferral of special assessments for senior citizens where is hardship exists. N~W. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS. MINNESOTA, AS FOLLOWS: I. Establishment of Deferral. Pursuant to MSA 9435,.193 at. seq., special :::ssessment Installment payments payable by senior citizens can be deferred If requested by owners and If payment ,of such Insta II mants would create a hardship. 2. Criteria. In determining whether or not a senior cItizen Is eligible for deferral of special assessment Installment payments, the following criteria are established: A. Senior cltl~ens special assessment hardship deferral applies to special assessmants levied after the date of the adoption of this Resolution. B. S~nlor cltlzan specIal assessment hardship deferral applies to qualifying spacial ' assessments against all propertIes classi- fied as "Homestead" pursuant to MSA Chapter 273, where one or more of the owners of such property Is 65 years of age or older andd It would create a hardship for the owner or owners of the property to pay the specl al assessment installments as they become due. ~ C. It shall be presumed that a hardship exists, If: (I) The total Income Is $10,000 or less, or (2) Assessment Installments, on an annual basis, are more than 10% of Income over $10,000. Income will be defined to Include all pension benefits and all ,other Income. (3) A II ,,.Olllne 1"'5 of the proPerty veri fy under osth, that they meet the criteria for establishing a hard- ship by completing an application provided by the City or the County. ';, . ;I . D. In casas vlhere exceptional and unusual circumstances exist, the City Council may determine that a hardship exists despite th~ fact that the minimum In- come requl reman'fs of Section C (I) are not met; such cases shall be decided by the Councl I on a case by case basis. 3. Jnterest. Interest shall be charged on any assessment deferred pursuant to this Resolution at a rate equal to the rate charged on other assessments for the particular public Improvement project the assessment Is finanCing. 4. Termination of Deferrment. The option to defer the pay- ment of special assessments pursuant to this Resolution shall terminate and a II I nsta II mant amounts previous I If de fe rred. p I us app II cab Ie Interest, shal I become due upon the occurrence of any of the follow- Ing events: A. Request of property owner. B. Death of property owner 65 yeal"s of age or older. C. Sale, transfer or subdivision of the p roparty or any part the reof. D. The CIty determines that 8 hardship no longer exists. of dJ~sed tJ.} the Ardejl"J1i lis ..t1-U A , I 9:.t..::/.-. City Councl I this e:lfnt day Attest: ~ {lI.'.M;7kWJ. 7fL....1 , Charlotte McNlesh Clerk Administrator