CCP 05052025 - Laserfiche WebLink

Home

CITY OF ST. PAUL ELIGIBILITY AND DOCUMENTATION REQUIREMENTS FOR DEFERRAL OF SPECIAL ASSESSMENTS Property owners may apply to defer the payment of principal and interest on a special assessment. A deferral is not a forgiveness of the assessment, and is not an exemption, exclusion or reduction of any amount due. It is simply a delay in payment of the assessment. At some point in the future the assessment must be paid with compounded interest. To determine if you are eligible for a deferral, please review the eligibility requirements below, then complete the application form and return to the City of Saint Paul. Eligibility Requirements: 1. Applicant must own the property. 2. The property must be classified as homesteaded by Ramsey County. 3. Applicant must be: a. 65 years of age or older, or b. retired by virtue of a permanent or total disability based on a doctorÓs certificate, or c. an active member of any of the U.S. armed forced, Minnesota National Guard or other military reserves, who is ordered into active military service, as defined in Minnesota Statues, Section 190.05, subdivision 5b or 5c, as stated in the personÓs military orders; AND 4. Applicant must also meet the qualifications for a financial hardship. A hardship will be deemed to exist when the amount of all assessments annually levied upon the subject property exceeds one percent (1%) of the householdÓs adjusted gross income, as evidenced by the householdÓs most recent federal income tax return(s) or a sworn affidavit by applicant. Deferral Termination: An approved assessment deferral will automatically terminate if one of the following is true: The death of the owner, provided the spouse is not eligible for the deferral, The sale, transfer or subdivision of the property or any part thereof, The property should for any reason lose its homestead status, or The City determines that there would be no hardship to require immediate or partial payment. Upon termination of the deferral, the property owner will be required to pay all principal and interest that has accumulated from the levy date to the termination date. Any remaining assessment balance that may be due in future years may be paid over time according to the original pay back schedule. If you have any questions or require assistance in completing this form, please contact: City of Saint Paul Î Assessments Section 700 City Hall 15 W. Kellogg Blvd. Saint Paul MN 55102 651-266-8858 Qbhf!64!pg!248