92-7921R73
RESOLUTION NO. 7921
RESOLUTION APPROVING ELIGIBLE DEFERRAL
OF SPECIAL ASSESSMENTS AGAINST OWNER OCCUPIED
HOMESTEAD PROPERTIES OF PERSONS 65 YEARS OF AGE OR OLDER
WHEREAS, Resolution No. 7310 was passed by the City Council on
June 22, 1987, establishing procedures for deferment of special
assessments against owner-occupied homestead properties of persons 65
years of age or older and persons permanently and totally disabled;
and
WHEREAS, application for deferral of payment of special
assessments have been made on forms prescribed by the County Auditor
and the homeowner has furnished the City the necessary information
for determining eligibility in compliance with Minnesota Statutes,
Section 435.193 to 435.195.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Richfield, Minnesota, that the following owner-occupied property
be approved for deferral of special assessments as listed below:
PROPERTY ID ADDITION NO. AMOUNT
33-02824-13-0085 45605 5778.13
1. Such deferral of payment of special assessments shall
terminate and all amounts accumulated, plus applicable
interest, shall become due upon the occurrence of any of the
following events:
(a) death of the owner, provided that the surviving spouse
is not eligible for the benefits hereunder;
(b) the sale, transfer or subdivision of the property or any
part thereof;
(c) if the property should for any reason lose its homestead
status; or
(d) if for any reason the taxing authority deferring the
payments shall determine that there would be no hardship
to require immediate of partial payment.
2. That the City Clerk is hereby authorized to certify a copy of
this resolution to the County Auditor of Hennepin County,
Minnesota.
Passed by the City Council of the City of Richfield, Minnesota, this
12th day of October, 1992.
Martin J. Kirsch
ATTEST:
Mayor
Thomas P. Ferber City Clerk