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City Council Resolution 1979-20RESOLUTION TO GRANT SENIOR CITIZENS HARDSHIP SPECIAL ASSESSMENT DEFERRAL ON THE 1978-1 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 1978-1 Improvement Project; 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 1978-1 Improvement Project under the following conditions: 1. 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. 2. Termination of assessment shall be in accordance with Minnesota Statute 435.195. 3. Interest on special assessments shall accrue at 6~~ annually on principal amount from date of adoption of assessment rolls to termination date in Item 2 above. 4. 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. 5. 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 will be provided by the City Clerk for such application. Motion by Fran Fair , seconded by Dan Blonigen to adopt resolution. Voting in Favor: Arve Grimsmo, Fran Fair, Dan Blonigen, Ken Maus, Phil White. Opposed: None Resolution adopted October 22, 1979. ~ ra~~ Ga ieber, ity Administrator Resolution 1979 #20