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HomeMy WebLinkAboutResolution - 1210 - Relating to Deferment of Special Assessments for Senior Citizens - 11/10/1976 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 1210 A RESOLUTION RELATING TO DEFERMENT OF SPECIAL ASSESSMENTS FOR SENIOR CITIZENS WHEREAS, M.S.A. 444.22 through 444.24 authorizes the City of Eden Prairie, upon receipt of proper application, to defer the payment of special assessments against any homestead property owned by a person 65 years of age or older on January 1 of the payment year and for whom it would be a hardship to make the payments; and WHEREAS; M.S.A. 444.22 through 444.24 authorizes the municipality to determine the limits of the term "hardship" within the scope of the law; and WHEREAS, M.S.A. 444.23 authorizes the municipality to establish an interest rate to be added to the deferred assessment which shall be pay- able in addition to the deferred assessment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE AS FOLLOWS: That persons 65 years of age or older whose gross annual household income of husband and wife is $9,000 or less, may apply to defer special assessments levied against homesteaded property provided they meet the fol- lowing requirements: 1. Filing an application for deferment of special assessments which application shall be provided by the City Engineer's office. Said application must be filed by the qualified property owner no later than November 10 of the year preceding the year in which the assessments are to be due. 00 2. That the market value of the homestead property according to the City Assessor's records shall not exceed $75,000.00. 3. That assessments pending or levied against a parcel of land prior to ownership by the applicant shall not be eligible for deferment under this resolution, except that unpaid special assessments levied against property of eligible applicants may be deferred provided they were the owner of the affected property on June 22, 1971. 4. Deferred interest at the rate for that particular assessment shall not be added to the deferred assessment but not exceeding 50% of the original assessment amount. 5. Multiple dwelling complexes designed and organized for retire- ment living exclusively shall not be eligible for deferment unless specifically authorized by the City Council. BE IT FURTHER RESOLVED, That the right of deferment shall be termi- nated as permitted under M.S.A. 444.24 upon the heppening of any of the following events: A. The owner dies and the spouse is not otherwise eligible; B. The property or any part thereof is sold, transferred, or sub- divided; C. The property should lose its homestead status, or D. If the City determines that the taxpayer is no longer in the hardship category. ADOPTED by the City Council of the City of Eden Prairie on November 10, 1976. ,Wffga Hj Penzel, Mayor ATTEST: SEAL Jo Frane, erk