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City Council Resolution 1979-19 RESOLUTION TO GRANT SENIOR CITIZENS HARDSHIP SPECIAL ASSESSMENT DEFFERAL ON THE 1977-3 IMPROVEMENT PROJECT WHEREAS, the City of Monticello finds that special assessments often result in severe hardship for Senior Citizens; and WHEREAS, the City of Monticello did provide for improvements consisting of streets, curb and gutter, storm sewer, watermain and sanitary sewer exten- sions as part of its 1977-3 Improvement Project; and WHEREAS, the City of Monticello assessed only twenty per cent (20~) of the improvements with the exception of watermain and sewer extensions; and WHEREAS, only certain benefitted properties were assessed for streets, curb and gutter, storm sewer, watermain and sanitary sewer; and WHEREAS Minnesota Statutes 435.193 through 435.195 provide for assess- ments to be deferred by a municipality for senior citizens; NOW, THEREFORE, BE IT RESOLVED, that the City of Monticello will defer assessments on the 1977-3 Improvement Project under the following conditions: 1. Benefitted property assessed for streets, curb & gutter, storm sewer, watermain and sanitary sewer. 2. Real property subject to special assessments must be homesteaded by the same senior citizen according to records of County Assessor on both the date the City Council ordered the improvement and the date of the adoption of the assessment roll. 3. Termination of assessment shall be in accordance with Minnesota Statute 435.195. 4. Interest on special assessments shall accrue at 6~$ annually on principal amount from date of adoption of assessment rolls to termination date in Item 3 above. 5. Assessment deferral does not apply to properties unless assessed for watermain and sanitary sewer. 6. Assessment deferral shall apply only to first 80 feet of frontage and 12,000 square feet of area unless parcel cannot be shown to be subdivided according to City of Monticello ordinances. 7. Property owners may make application for special assessment credits in accordance with this resolution by applying to the City Clerk within thirty (30) days after adoption forms shall be provided by the City Clerk for such application. Motion by Phillip White seconded by Fran Fair to adopt Resolution. Voting in Favor: Phil White, Fran Fair, Arve Grimsmo, Ken Maus, Dan Blonigen. Opposed: None Resolution adopted October 9, 1979. f ~. Gary 5b' ber ty Administrator Resolution 1979 #19