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RES 1995-14 - 00002830im ' RESOLUTION NO. 14 - 1995 A RESOLUTION DEFERRING SPECIAL ASSESSMENT PAYMENTS FOR SENIOR CITIZENS WHEREAS, Minnesota Statutes authorize cities to defer special assessment payments for certain senior citizens, and WHEREAS, said deferment of assessments may be permitted at the discretion of the City Council, and WHEREAS, the City Council of the City of Fridley finds and determines that deferral of special assessments for certain senior citizens is in the public interest, and WHEREAS, it is necessary and proper that the City Council set forth its general policies and guidelines for granting said deferrals of special assessments for senior citizens, NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley does endorse the principle of deferment of special assessments for senior citizens where the payment of said special assessments constitute a hardship. ' BE IT FURTHER RESOLVED, that the City Council's policy and procedures for granting said senior citizen special assessment deferments shall be based upon the following factors: 1. The property must be homestead property. 2. The owner must be at least 65 years of age or older, and in the case of husband and wife, one member must meet this age requirement. 3. The owner is retired by virtue of permanent and total disability for whom it would be a hardship to make the payment. 4. The owner will make application for deferred payments on forms prescribed by the Anoka County Auditor and will make application to the City of Fridley on forms provided by the city. 5. The application for said deferral must be made within the first thirty (30) days after the final assessment rolls are approved by the City Council. This time limit may be waived upon showing of extreme hardship. 6. The annual payment for the special assessment exceeds 1% of the adjusted gross income of the owner, as determined by the most recent Federal Income Tax Return, or the household income is below the VERY LOW INCOME threshold, as defined by the Federal Income Limits for the community ' Development Block Programs. 7. The deferral will be terminated when any of the following happen: 19 Page 2 -- Resolution No. 14 - 1995 ' a. The death of the owner, provided that the surviving spouse is not other eligible for the benefits. b. The sale, transfer, or subdivision of the property or any part thereof. C. Loss of homestead status. d. The City Council determines that further deferments are not in the public interest. 8. The City Clerk has the responsibility and authority to administer and interpret this Resolution within the guidelines set forth herein. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 13TH DAY OF FEBRUARY, 1995. ATTEST: WILLIAM A. CHAMPA - CIT CLERK / 71 ^ Q 0 MAYOR - WIL IAM J. NEE