2009 02-10 CCP - Laserfiche WebLink

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SECTION 6. TERMINATION OF RIGHT TO DEFERRED PAYMENT. The option to defer payment of special assessments shall terminate and all amounts accumulated, including accrued interest, shall become due upon the occurrence of any of the following events: 6-1.. The death of the owner, provided that the spouse is otherwise not eligible for the benefits hereunder; 6-2. The safe, transfer or subdivision of the property or any part thereof; 6-3. if the property should for any reason lose its homestead status; 6-4. If for any reason the City Council shall determine that there would be no hardship to require immediate or partial payment; or 6-5. Failure to file a renewal application within the time hereinbefore prescribed, SECTION 7. COLLECTION OF DEFERRED PAYMENT. Upon the occurrence of one of the events specified in Section 6, the Council shall terminate the deferral. Thereupon, the City Clerk shall notify the Ramsey County Assessor and the Ramsey County Department of Property Taxation of the termination, including the amounts accumulated on unpaid installments plus applicable interest which shall become immediately due and payable as a result of the termination, and if not paid prior to November 30th of the year the deferral is terminated, shall be certified for collection together with the real estate taxes payable in the following year, and shall be collected by the Ramsey County Treasurer as are other special assessments. SECTION 8. SEVERA# ILITY. Should any section, subdivision, clause or other provision of this Ordinance be held to be invalid by any court of competent jurisdiction, such decision shall not affect the validity of the Ordinance as a whole, or any part thereof, other than the part held to be invalid