Laserfiche WebLink
I <br />A RESOLUTION AMENDING THE PROGRAM FOR DEFERMENT OF SPECIAL <br />ASSESSMENTS FOR PERSONS 65 YEARS OF AGE OR OLDER <br />WHEREAS, the City Council of the City of Orono is the <br />official governing body of the City of Orono; and <br />WHEREAS, M.S.A. Section 435.193 through Section 435.195 <br />authorizes the City of Orono, upon proper application, to defer <br />the payment of special assessments against any homestead property <br />owned by a person 65 years of age or older on January 1 of the <br />payment year and for whom it would be a hardship to make the <br />payments; and <br />WHEREAS, Section 435.194 authorized the municipality to <br />establish an interest rate to be added to the deferred assessment <br />which shall be payable in addition to the deferred assessment: <br />and that Orono had adopted such a program under Ordinance 2.62 <br />Q984 recodified). Resolution 1093 (dated November 13, 1979) and <br />Resolution 1779 (dated June 10, 1985) and Resolution 2844 (dated <br />August 27, 1990). <br />WHEREAS, the City Council has determined that the <br />deferral of assessments should be granted to any person otherwise <br />qualified who makes proper application to the City of Orono on <br />forms prescribed by the County Ass sor of Hennepin County and by <br />the Orono City Council and for whom the City Council determines <br />that it would be a hardship to make the payments, based upon the <br />following criteria: <br />Number of <br />Persons in Household <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />Maximum <br />Income <br />$27,000 <br />30,900 <br />34,750 <br />38,600 <br />41,700 <br />44,800 <br />47,8f0 <br />50,9. j <br />Assets not including homesteaded property of $25,000, income and <br />as.?ets as defined in Hennepin County's Utility Connection <br />Program. <br />J