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CR 2004-138 Ordinanace Amending Section 703.05 Of the Hopkins City Code September 7, 2004 Council Report 2004-138 . ORDINANCE AMENDING SECTION 703.05 OF THE HOPKINS CITY CODE, DEFERRED ASSESSMENTS Proposed Action Staff recommends that the Council approve the following motion: Move to approve Ordinance 2004-931 for first reading, Approval of this motion will begin the process of amending section 703.05 of the Hopkins City Code in order to remove the 1 O-year limit on deferred assessments. Overview Section 703.05 allows the City Council to defer special assessments for up to 10 years. This provision, which was put into place in 1990, has been used a number of times to assist elderly homeowners with the costs of special assessments. Historically the assessments have always been paid prior to the 1 a-year expiration. Recently staff was approached by a resident whose 1 a-year deferment is expiring. The original special assessment plus interest is now coming due. The effect of the deferment, in this case, has been to merely increase the cost to the homeowner. . Minnesota State Statutes allow cities to defer special assessments for persons 65 years of age or older or who are retired by virtue of a permanent and total disability until one of the following occur: (a) the death of the owner, provided that the spouse is otherwise not eligible for the benefit; (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 taxing authority deferring the payments shall determine that there would be no hardship to require immediate or partial payment. I Ordinance 2004-931 would remove the 10 year limitation and adopt the above reasons for ending the deferment. It is staffs recommendation that this change be made applicable to those individuals who currently have deferments. Supporting Information . Ordinance 2004-931 . Minnesota State Statute, Section 435 I ./ >1 'i }' /- /// ~ -- i -L--- / " ~ "--/~../-(.-;"'{ [ l James-A. Genelrie . Assistant City Manager --- . 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 l. 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 reques~ ter 0. period of not more tho.n 10 yco.r:J 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: - l. The annual income of owners requesting a deferment lS found not to exceed the sum of $29,400.00 as of January 1, 2004. This amount adjusted - shall subsequently be 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 djsability c:Jt.:lblior,cd must - establish such disabili-cy by evidence satisfactory to the City Council; Deferred assessments shall accrue simple interest during the deferment period at the rate established for payment of asseC)::iments 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 oo--t- 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 c}<::pi r.::l tion cf thc 10 ycor defermcnt period (a) the death of the owner, provided that the surviving or successor owner is othervJlSe not eligible for the deferment; (b) the sale, transfer o.c subdivision of the property or any part thereof; (e) 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 .cequlre i:mnediate or partial payme~t; the deferment sha 11 terminate and the City Clerk shall promptly certify to th~ County Auditor the amount of the deferred assessment including lnterest to be inserted on the lax rolls and c.:ollect ed In th8 period of time remaininq In the original . assessment or in full if the property was sold or -[he _E~riod of. time --~ ~-,~ for repayment of the original assessment has expired. - . Section 2. The effective date of this ordindnce shall be the date of pubJication. First Reading: September 7, 2004 Second Reading: September 21, 2004 Date of Publication: September 30, 2004 Date Ordinance Takes Effect: September 30, 2004 Gene Maxwell, Mayor ATTEST: Terry Obermaier, City Clerk APPROVED AS TO FORM AND LEGALITY: . - City Attorney Signature Date . . Minnesota State Statutes 435.193 Hardship assessment deferral for seniors or retired disabled. Notwithstanding the provisions of any Jaw to the contrary, any county, statutory or home rule charter city, or town, making a special assessment may, at its discretion, defer the payment of that assessment for any homestead property owned by a person 65 years of age or older or retired by virtue of a permanent and total disability for whom it would be a hardship to make the payments_ Any county, statutory or home rule charter city, or town electing to defer special assessments shall adopt an ordinance or resolution establishing standards and guidelines for determining the existence of a hardship and for determining the existence of a disability, but nothing herein shall be construed to prohibit the determination of hardship on the basis of exceptional and unusual circumstances not covered by the standards and guidelines where the determination is made in a nondiscriminatory manner and does not give the applicant an unreasonable preference or advantage over other applicants. HIST: 1974 c 206 s 7; 1976 c 195 s 3; 1981 c 80 s 1 435.194 Procedure to obtain deferred assessment. . The homeowner shall make application for deferred payment of special assessments on forms prescribed by the county auditor of the county in which the homestead is located. Where the deferred assessment is granted, the auditor shall record a notice thereof with the county recorder of said county which shall set forth the amount of the assessment. The taxing authority may determine by ordinance or resolution the amount of interest, if any, on the deferred assessment and this rate shall be recorded by the auditor along with and in the same manner as the amount of the assessment. HIST: 1974 c 206 s 8; 1976 c 181 s 2; 1976 c 195 s 4 435.195 Termination of right to deferred payment. The option to defer the payment of special assessments shall terminate and all amounts accumulated plus applicable interest, shall become due upon the occurrence of any of the following events: (a) the death of the owner, provided that the spouse is otherwise not eligible for the benefits hereunder; (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 taxing authority deferring the payments shall determine that there would be no hardship to require . immediate or partial payment. HIST: 1974 c 206 s 9