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85-7093R38 RESOLUTION N0. 7093 RESOLUTION APPROVING. ELIGIBLE DEFERRAL OF SPECIAL ASSESSMENTS AGAINST OWNER OCCUPIED HOMESTEAD PROPERTIES OF PERSONS PERMANENTLY AND TOTALLY DISABLED WHEREAS, Resolution No. 6586 was passed by the City Council on .March $, 1982, 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 City of Richfield, Minnesota, that the properties be approved for deferral of listed below: PROPERTY ,ID ADDITION N0. 34-028-24-23-0036 45590 29-028-24-44-0119 46793 the City Council of the following owner-occupied special assessments as AMOUNT $1 , 068 .45 903.50 1. Such deferral of payment of special assessments sr<all 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 home- stead status; or, (d) if for any reason the taxing authority deferring the payments shall determine that there would be no r~ardship to require immediate or 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 CityyCouncil o~ tie Ci~,6f Richfield, Minnesota this 1#th da of Octob r 1985.•' / ,~ n ATTEST: D~ . ~ ayor omas Ferber City Clerk- - -