HomeMy WebLinkAboutResolution No. 205-05 RESOLUTION
WHEREAS, Minnesota Statutes Sections 435.193 through 435.195 authorize a city to
adopt standards so as to allow the deferment of the payment of assessments 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; and,
WHEREAS, the City of Rochester wishes to avail itself to the process of deferred
assessments; and,
WHEREAS, the City of Rochester desires to establish the standards and guidelines for
determining the existence of a hardship and for determining the existence of a disability.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Rochester that, pursuant to Minnesota Statutes Sections 435.193 through 435.195, the City
does hereby establish a policy for the deferment of the payment of assessments 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.
• BE IT FURTHER RESOLVED by the Council that the following standards and
guidelines are established in implementing the deferment policy:
1. The income threshold for eligibility of those applicants 65 years of age and older
or disabled be established by the most recent U.S. Census Bureau Poverty
Threshold compilations. Income eligibility would be determined by the submittal
of the most recent federal tax filing form.
2. Eligibility for a permanent or totally disabled status be determined by a statement
by a medical doctor attesting to that fact or by submittal of a copy of a social
security disability certification.
3. Interest, in the amount assessed against other properties in the assessment
project, be charged against the outstanding deferred assessment amount until
the assessment is paid.
4. The deferral of assessments can only apply to an individual's homestead
property.
5. The deferment is terminated and all accumulated amounts, plus interest,
become payable upon any of the following:
• A. The death of the owner (if a surviving spouse is not eligible for the
deferment).
B. The sale, transfer or subdivision of any part of the property.
C. The loss of homestead status of the property.
D. A determination by the Common Council that requiring immediate or
partial payment would no longer impose a hardship.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS &44-) D Y OF • , 2005.
PRESIDENT OF SAID COMMON COUNCIL
ATTEST:
flepu�� CIYY dLE`ty
APPROVED THIS 1� DAY OF / i a(. , 2005.
• MAYOR OF SAID CITY,
(Seal of the City of ,
Rochester;,Minnesota), "'
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