HomeMy Public PortalAbout154 Affidavit of PublicationNOTICE
MEDINA
ORDINANCE NO. 154
AN ORDINANCE PERMITTING
DEFERMENT OF SPECIAL
ASSESSMENTS
THE CITY COUNCIL OF THE CITY
OF MEDINA DOES ORDAIN:
Section 1. Purpose. The Medina City
Council hereby finds that there is a
need to establish a procedure per-
mitting deferment of special
assessments pursuant to Minn. Statutes
444.22-444.24 in cases where they may
create a hardship for elderly
homeowners.
Section 2. Application. Application
for deffered assessment shall be made
to the City Council upon forms
prescribed by the Hennepin County
Department of Finance and by the City
Council and shall contain true
statements of such information as is
requested thereon. Application for
deferment of assessments beginning
in any year shall be made by Sep-
tember 15 of the preceeding year.
Section 3. Approval. The City
Council shall approve or disapprove
each application on the basis of whether
payment of the assessment would
constitute hardship, based upon family
income, assets, expenses, and other
available information reasonably
applied by the Council against stan-
dards and statistics they may indicate
hardship, including but not limited to
eligibility requirements for public
assistance and government indeces on
various standards of living. The City
Council may grant a deferment in
whole or in part.
Section 4. Interest. Interest as
provided by law shall continue to ac-
crue upon any principal amount of
special assessment which may be
deferred until the same is paid.
Section 5. Termination. The defer-
ment shall terminate and all principal
amounts accummulated plus ap-
plicable interest shall become due upon
occurrence of any of the following:
death of the owner, provided the sur-
viving spouse is not eligible for defer-
ment, sale, transfer or subdivision of
the property or any part thereof ; loss of
homestead status for the property;
determination by the City Council that
a hardship no longer exists.
Section 6. Funding. The City Council
annually may transfer to the ap-
propriate bond repayment funds from
the general fund amounts equal to
deferred assessments, including
principal and interest. The Council
may levy for such amounts for the
general fund in addition to all other
levies.
The General Fund shall be reim-
bursed for such transfer upon payment
of the deferred assessments, including
principal and interest.
Section 7. Severability. The finding of
any part of this ordinance to be null and
void shall not affect the remaining
parts.
Approved by the Medina City Council
this day of 1975.
Wayne Neddermeyer, Mayor
ATTEST:
Donna Roehl, Clerk
Published in the Crow River News
Wednesday, Aug. 27, 1975.