Laserfiche WebLink
Property Tax Refund Return (as defined in Minnesota Statutes, Chapter <br />290A), whichever amount be greater, is less than 150% of the Federal. <br />poverty level for that household, using the guidelines published annually <br />by the U.S_ Department of Health and Human Services, and <br />4-1.2. The first year's installment of the proposed special assessment will <br />increase the aggregate total of the installments of special assessments <br />against the property for which deferment is requested and payable in the <br />year of such first installment to a sum equal to more than two percent of <br />said income, and <br />4-1.3. The special assessment for whichdeferment is applied for exceeds <br />$500.00, and <br />4-1.4. The applicant's (and spouse's) total assets exclusive of that part of <br />the homestead valuation as determined by the Ramsey County Assessor <br />to be eligible for homestead classification do not exceed $50,000.00. <br />4.2. Notwithstanding the foregoing provisions of this Section, the City Cound. <br />may consider exceptional and unusual circumstances not covered by the. <br />standards and guidelines and grant a deferral as requested: but any <br />determination shall be made in a non-discriminatory manner which does not give <br />the applicant an unreasonable preference or advantage over other applicants. <br />SECTION 5. APPLICATION FOR DEFERRAL. An applicant may apply for <br />deferred payment of special assessments made after October 15, 2003 for local <br />improvements by making application therefore to the Department of Property <br />Taxation, Ramsey County, Minnesota, in accordance with Minnesota Statutes, <br />Section 435.194. A copy of said application shall be filed with the City Clerk <br />together with a certification form furnished by the City Clerk to establish the. <br />qualifications of the owner for such deferral. Application for deferral shall be <br />made within 30 days after the adoption of the assessment roll by the City Council <br />for those assessment rolls adopted after the effective date of this Ordinance, and <br />shall be renewed each following year upon the filing of a similar application not <br />later than October 15. The City Council shall either grant the deferral by majority <br />vote or deny the deferral. Any assessment, the payment of which is deferred <br />pursuant hereto by the City Council, may bear interest at the rate of one percent <br />(1%) in excess of the rate of interest that would have been charged on the <br />assessment had the assessment payments not been deferred; but not, however, <br />in excess of the maximum interest rate allowed by law. When the deferred <br />assessment is granted, the City Clerk shall advise the Ramsey County <br />Department of Property Taxation, who shall, pursuant to Minnesota Statutes, <br />Section 435.194, record a Notice of the deferral with the County Recorder of <br />Ramsey County which shall set forth the amount of the assessment and the rate <br />of interest on the deferred assessment payments. <br />