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4. Termination of Deferment: The option to defer the pay- ment of special assessments pursuant to this resolution shall terminate and all installment amounts previously deferred, plus applicable interest, shall become due upon the occurrence of any of the following events: A. The request of the property owner. B. The death of the property owner who quali- fies for the deferral, providing the surviving owner is otherwise not eligible for the deferral. C. The sale, transfer or subdivision of the property or any part thereof. D. The loss of homestead status for the property. E. The City determines that a hardship no longer exists. The motion for the adoption of the foregoing resolution was duly seconded by Councilman Kehr , and upon vote being taken thereon, the following voted in favor thereof: All present and the following voted against the same: None whereupon said resolution was declared duly passed and adopted. STATE OF MINNESOTA ) ) SS COUNTY OF RAMSEY ) I, the undersigned, being the duly qualified and acting Manager of the City of Roseville, Ramsey County, Minnesota, do hereby certify that I have carefully compared the attached and foregoing extract of minutes of a regular meeting of the City Council of said City held on the 27th day of July, 1981, with the original thereof on file in my office, and the same is a full, true and complete transcript therefrom insofar as the same relates to a resolution authorizing the deferral of certain special assessments. WITNESS MY HAND and the seal of said City this 29th day of July, 1981. .., /' (.' ~ J'/! '/ \ i '. .' ..../f .. ,. . ,,"-yl.-jJiu.'-i::: .( _.rh-tt1:.t. / /'James F. Andre . ~ City Manager SEAL /I