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shall cease to accrue on the date when the assessment would have been paid <br />in full had it not been deferred. The maximum amount due on the assessment <br />will then be the original assessment plus interest accrued during the <br />original assessment term. <br /> <br />4. Termination of Right to Deferred Payment. The option to defer the <br />payment of special assessments shall terminate and all amounts accumulated <br />plus applicable interest shall become due upon the occurrence of any of the <br />following events: (a) the death of the owner, provided that the spouse is <br />otherwise not eligible for the benefits of this Section; (b) the sale, <br />transfer or subdivision of the property or any part thereof; (c) if the <br />property should for any reason lose its homestead status; or (d) if for any <br />reason the City Council shall determine that there would be no hardship to <br />require immediate or partial payment. <br /> <br />5. Standards and Guidelines for Determining the Existence of a Hardship <br /> <br />and a Disability. <br /> <br />A. A hardship shall be deemed prima facie to exist when all of the <br />following apply: <br /> <br />a. The annual gross income of the applicant according to his most <br />recent federal income tax return plus his tax-exempt income does not <br />exceed $12,000.00. If no such return was made, the Clerk/Administrator <br />shall require the applicant to submit other pertinent information to <br />show that this qualificatio~ is met. <br /> <br />b. The special assessments to be deferred exceed $300.00. <br /> <br />Notwithstanding the foregoing provisions of this subdivision, the City <br />Council may consider exceptional and unusual circumstances pertaining to an <br />applicant not covered by the above standards; but any determination shall be <br />made in a nondiscriminatory manner and shall not give the applicant an <br />unreasonable preference or advantage over other applicants. <br /> <br />B. Retirement by reason of permanent and total disability shall be deemed <br />prima facie to exist when the applicant presents a sworn affidavit by two <br />(2) licensed medical doctors attesting that the applicant is unable to be <br />gainfully employed because of a permanent and total disability. <br /> <br />This Ordinance shall be effective upon its passage and publication. <br /> <br />PASSED and duly adopted by the City Council of the City of Ramsey this 25th day <br />of October, 1983. <br /> <br /> ,,///// /s/ Thomas Gam~~~~~'L <br /> ~ ATTEST: // ~a~or <br /> <br />"/s/"t}dyH ~chnelle ...... <br /> <br />/j ,.~,~?y Administrator/Clerk <br /> <br /> <br />