Agenda - Council - 09/25/1984 - Laserfiche WebLink

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I If the deferment is granted, the City Clerk shall notify the · Anoka County Auditor who shall record a notice thereof with the Anoka County Recorder's office, which notice shall set forth the amount of the assessment, plus the interest rate and period of I time during which interest shall accrue. Subdivision 3. Interest on Deferred Assessment. Interest I on the deferred assessment shall accrue at the same rate as on non-deferred assessments. Interest shall cease to accrue on the date when the assessment would have been paid in full had it not I been deferred. The maximum amount due on the assessment will then be the original assessment plus interest accrued during the original assessment term. I Subdivision 4. Termination Right. to Deferred Pa}rment. of The option to defer the payment of special assessments shall terminate and all amounts accumulated plus applicable interest I shall become due upon the occurrence of any of the following events: (a) the death of the owner, provided that the spouse is otherwise not eligible for the benefits of this Section; (b) the I 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 City Council I shall determine that there would be no hardship to require immediate or partial payment. i Subdivision 5. Standards and Guidelines for I)eterminins the Existence of a Hardship and a Disability. I I I A. A hardship shall be deemed prima facie to exist when all of the following apply: a. The annual gross income of the applicant according to his most recent federal income tax return plus his tax-exempt income does not exceed $12,000.00. If no such return was made, the Clerk shall require the applicant to submit other pertinent information to show that this qualification is met. i b. The special assessments to be deferred exceed $300.00. Notwithstanding the foregoing provisions of this subdivision,. the City Council may consider exceptional and unusual I circumstances pertaining to an applicant not covered by the above standards; but any determination shall be made in a nondiscriminatory manner and shall not give the applicant an I unreasonable preference or advantage over other applicants. B. Retirement by reason of permanent and total disability shall I be deemed prima facta to exist when the applicant presents a sworn affidavit by two (2) licensed medical doctors attesting that the applicant is unable to be gainfully employed because of i a permanent and total disability.