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HomeMy WebLinkAboutResolution - 80-111 - Relating to Deferment of Special Assessments for Senior Citizens - 06/03/1980 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. R80-111 A RESOLUTION RELATING TO DEFERMENT OF SPECIAL ASSESSMENTS FOR SENIOR CITIZENS WHEREAS, M.S.A. 435.193 through 435.195 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. S444.22 through S444.24 authorizes the municipality to determine the limits of the term "hardship" within the scope of the law; and WHEREAS, M.S.A. S444.23 authorizes the municipality to establish an interest rate to be added to the deferred assessment which shall be payable in addition to the deferred assessment. NOW THEREFORE, BE IT RESOLVED BY THE EDEN PRAIRIE CITY COUNCIL, that special assessments against any homesteaded property owned by a person 65 years of age or older and for whom it would be a hardship, as defined hereinafter, to make the payments be deferred subject to the following conditions: 1 . Submission of an appropriate application to the City Engineer's office signed by the qualified property owner, no later than Nov. loth of the year preceding the payment year. 2. Any homesteaded property with an assessor's market value in excess of $130,000 shall not qualify. 3. Assessments pending or levied against a parcel prior to ownership by the applicant shall not be eligible for deferment. 4. A hardship shall be determined to exist if the total combined annual household income of husband and wife is $9,000 or less. 5. Deferred interest at the rate for that particular assessment shall be added to the deferred assessment, but not exceeding 50% of the original assessment amount. 6. Multiple dwelling complexes designed and organized for retirement living exclusively shall not be eligible for deferment unless specifically authorized by the City Council . BE IT FURTHER RESOLVED, that the right of deferment is automatically terminated per 435.195 if: A. The owner dies and the spouse is not otherwise eligible. B. The property or any part thereof is sold, transferred, or subdivided. C. The property should lose its homestead status. D. If for any reason the City determines that the taxpayer is no longer in the hardship category. ADOPTED by the Eden Prairie City Counci on June 3, 1980 ATTEST: WoJ� gan enzel , Mayor SEAL • Jo F , Clerk Y MEMO �al TO: Mayor Penzel and Members of the City Council THROUGH: Roger Ulstad, City Manager FROM: Carl Jullie, City Engineer DATE: May 29, 1980 SUBJECT: Amending Resolution 1210 - Senior Citizens Deferment of Special Assessments City Council Resolution No. 1210, providing deferment of special assessments for senior citizens, 'was adopted in November,-1976, One of the provisions of this resolution states that "any homesteaded property with an assessor's, market value in excess of $75,000 shall not qualify." We have one property owner under this deferment program who has qualified in the past, however this property has been appreciating to the extent that the market value now exceeds the $75,000 limit. We would suggest that the Council amend Resolution No. 1210 by raising the $75,000 limit to $130,000, which provides for a 15% a year inflation factor through 1980. Mr. Martz, City Assessor, recommends the 15% figure as an appropriate rate. 1 CJJ:kh Attachment