2004-931
CITY OF HOPKINS
Hennepin County, Minnesota
ORDINANCE 2004-931
AN ORDINANCE AMENDING SECTION 703.05 OF THE HOPKINS CITY CODE
The City Council of the City of Hopkins does hereby ordain:
Section 1. The Hopkins City Code, Section 703.05 is hereby amended
to read as follows:
703.05. Deferment of Payments. The City Council may in its
discretion defer payment of special assessments upon request fer a
~crioa sf Rot mers tfiaR 19 yoars for any homestead property owned by
a person 65 years of age or older or retired by virtue of a permanent
and total disability in either instance of which the City Council
determines it would be a hardship for said owners to make the
payments. Such deferment shall be based on the property owner
demonstrating he or she meets the following standards:
1. The annual income of owners requesting a deferment is found not
to exceed the sum of $29,400.00 as of January 1, 2004. This amount
shall subsequently be adjusted annually by the Consumer Price Index
for the Twin City area;
2. Property owners, who have not attained age 65, but are retired
as a result of a permanent and total disability ssta131isfioe must
establish such disability by evidence satisfactory to the City
Council;
Deferred assessments shall accrue simple interest during the
deferment period at the rate established for payment of assessments
at the time the assessment roll was adopted. The certification of
deferment shall be renewed annually by the owner during the term of
the deferment ~ and all required supporting documents or
information delivered to the City not later than September 30 of each
year. Upon failure to renew the deferment certification or upon
8Hpir.J.tioR of the 19 Y8.J.r doforment ~criea (a) the death of the
owner, provided that the surviving or successor owner is otherwise
not eligible for the deferment; (b) the 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 shall determine that there would be no hardship to require
immediate or partial payment; the deferment shall terminate and the
City Clerk shall promptly certify to the County Auditor the amount of
the deferred assessment including interest to be inserted on the tax
rolls and collected in the period of time remaining in the original
assessment or in full if the property was sold or the period of time
for repayment of the original assessment has expired.
Section 2. The effective date of this ordinance shall be the date of
publication.
First Reading: September 7, 2004
Second Reading: September 21, 2004
Date of Publication: September 30, 2004
Date Ordinance Takes Effect: September 30, 2004
~r/~~#
Gene axwell, Mayor
,
APPROVED AS TO FORM AND LEGALITY:
""-
Attor ey Signature
Q-
~/.< t(tJl-(
Date