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Councilmember Reimann introduced the following resolution and <br />moved for its adoption: <br /> <br />RESOLUTION 985-210 <br /> <br />RESOLUTION DEFERRING STREET IMPROVEMENT SPECIAL ASSESSMENT, <br />SEALCOATING IMPROVEMENT PROJECT 985-11 (PINEVIEW ESTATES); CASE <br />OF MR. BERNARD D. SITZ, 7210 - 149~]~ LANE N.W. <br /> <br /> WHEREAS, Mr. Bernard Sitz requested by letter dated <br />September 13, 1985 that his street improvement special assessment <br />for sealcoating in the amount of $236.75 be deferred as provided <br />by City Code Chapter 210.012H which was introduced into the <br />Council minutes at the public hearing held on September 17, 1985; <br />and <br /> <br /> WHEREAS, City Code Chapter 210.012H provides for the <br />deferrment of paying special assessments when the property owner <br />makes written application and falls within the purview of this <br />City Code; and <br /> <br /> WHEREAS, the Ramsey City Council is aware that City <br />Code Chapter 210.012H, Subparagraph SA(b) requires that the <br />special assessment to be deferred must exceed $300. However, the <br />Code further states that the Council may consider exceptional and <br />unusual circumstances when applying the Code requirements. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, S~I~TE OF MINNESO~I~, as follows: <br /> <br /> 1) That the City Council hereby grants Mr. Bernard <br />Sitz, 7210 - 149th Lane N.W., deferral of his special assessment <br />for public improvements as stated above in the amount of $236.75. <br /> <br /> 2) That the interest on deferred assessment shall be <br />accrued at the same rate as on non-deferred assessment. The <br />maximum amount due on the assessment will be the original <br />assessment plus interest accrued during the original assessment <br />term. <br /> <br /> 3) That termination of right to deferred payment - The <br />option to defer the payment of special assessments shall <br />terminate and all amounts accumulated plus applicable interest <br />shall become due upon the occurrence of any of the following <br />events: (a) the death of the owner, provided that the spouse is <br />otherwise not eligible for the benefits of this section; (b) the <br />sale, transfer or subdivision of the property or any part <br />thereof; (c) if the property should for any reason lose its <br />homestead status; or (d) if for any reason the City Council shall <br />determine that there would be no hardship to require immediate or <br />partial payment. <br /> <br />4) That it is hereby directed that the City Finance <br /> Resolution ~85-210 <br /> <br />Page 1 of 2 <br /> <br /> <br />