06-10-1985 Council Packet - Laserfiche WebLink

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City of ORONO RESOLUTION OF THE CITY COUNCIL NO. A RESOLUTION AMENDING THE PROGRAM FOR DEFERMENT OF SPECIAL ASSESSMENTS FOR PERSONS 65 YEARS OF AGE OR OLDER WHEREAS, the City Council of the City of Orono is the official governing body of the City of Orono; and WHEREAS, M.S.A. Section 435.193 through Section 435.195 authorizes the City of Orono, upon proper application, to defer the payment of special assessments against any homestead property owned by a person 65 years of age or older on January 1 of the payment year and for whom it would be a hardship to make the payments; and WHEREAS, Section 435.194 authorized the municipality to establish an interest rate to be added to the deferred assessment which shall be payable in addition to the deferred assessment; and that Orono had adopted such a program under ordinance 2.62 (1984 recodified) and Resolution 1093 (dated November 13, 1979) and WHEREAS, the City Council has determined that the deferral of assessments should be granted to any person otherwise qualified who makes proper application to the City of Orono on forms prescribed by the County Assessor of Hennepin County and by the Orono City Council and for whom the City Council determines that it would be a hardship to make the payments, based upon the following criteria: Number of Maximum Persons in Household Income $11,040.00 12,600.00 14,160.00 15,750.00 16,740.00 17,730.00 18,690.00 19,680.00 Assets not including homesteaded property of $25,000, income and assets as defined in Hennepin County's Utility Connection Program.