1990-683
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CITY OF HOPKINS
Hennepin County, Minnesota
ORDINANCE NO: 90-683
ORDINANCE ESTABLISHING PROCEDURES FOR
THE COLLECTION AND DEFERMENT OF
SPECIAL ASSESSMENTS
Be it ordained by the City Council of the City of Hopkins as
follows:
,
That Section 703 pertaining to collection and deferment of
special assessments is hereby added to the Hopkins City
Code.
703.01 Inasmuch as the City feels it necessary and
proper to provide for prepayment of special assessments in
whole or in part and to implement a procedure to allow
deferment of special assessments in appropriate instances
all as made and provided for in M. S. Section 429.061 and
M. S. Section 435.193 through 435.195, the following
provisions are hereby authorized.
703.03 Prepayment. In addition to the prepayment of
the whole of the assessment and interest on property as
provided by said statute, the owner so assessed for local
improvements may prepay not less than twenty-f i ve percent
(25%) of the assessments within 30 days following adoption
of the assessment roll. The balance remaining will be paid
in accordance with the schedule adopted by the City Council.
703.05. Deferment of Payments. The City Council may
in its discretion defer payment of special assessments for a
period of not more than 10 years 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 following standards:
1. The annual income of owners requesting a deferment
is found not to exceed the sum of $21,000.00 as of
January 1, 1990. This amount shall subsequently be
adjusted annually by the Consumer Price Index for
the Twin City area;
2. Property owners retired as a result of a permanent
and total disability established by evidence
satisfactory to City Council who have not attained
age 65;
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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 but not later
than September 30 of each year. Upon failure to renew the
deferment certification or upon expiration of the 10 year
deferment period, 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.
First Reading:
June 5, 1990
Second Reading:
June 19, 1990
Date of Publication:
July 4, 1990
Date Ordinance Takes Effect:
July 24, 1990