Res 2020-69 Spec. Assessment Deferral 340 Hugo
RESOLUTION NO. 2020-69
RESOLUTION DEFERRING THE SPECIAL ASSESSMENT FOR STREET
REHABILITATION PROJECT ST–2020–01 FOR THE
PROPERTY LOCATED AT 340 HUGO STREET
WHEREAS, pursuant to Minnesota Statute § 435.193, a home rule city making a special
assessment may, at its discretion, defer the payment of that assessment for any homestead
property; and
WHEREAS, the City Council adopted a resolution establishing standards and guidelines for
determining the existence of a hardship and for determining the existence of a disability
(Resolution No. 2020–46); and
WHEREAS, the City received an application to defer the duly adopted special assessment for
Street Rehabilitation Project ST–2020–01 (Resolution No. 2020–62) from the owners of the
property located at 340 Hugo Street; and
WHEREAS, staff reviewed the application and determined that the property owners are eligible
for a deferment; and
WHEREAS, during the period of the deferment and until complete payment of the special
assessment, interest will continue to accrue at the rate of 5.25 percent per annum from the date of
the adoption of the special assessment; and
WHEREAS, pursuant to Minnesota Statute § 435.165, the option to defer the payment of special
assessment shall terminate and all amounts accumulated plus applicable interest, shall become
due and payable.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fridley that the
special assessment levied by the City Council on October 12, 2020 for Street Rehabilitation
Project No. ST–2020–01 for the property located at 340 Hugh Street Northeast in the amount of
$2,813.58 is hereby deferred; and
BE IT FUTHER RESOLVED, that the City Clerk, with the assistance of the City Assessor,
shall transmit a certified duplicate of this deferment to the County Auditor or any other party
necessary to create, maintain and/or terminate this deferment.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY
TH
THIS 9 DAY OF NOVEMBER 2020.
SCOTT J. LUND - MAYOR
ATTEST:
DANIEL J. TIENTER - CITY CLERK