81-057 RES (
RESOLUTION 81-57
A RESOLUTION ESTABLISHING STANDARDS AND GUIDELINES FOR THE
QUALIFICATIONS OF THE SENIOR CITIZENS ASSESSMENT DEFERMENT POLICY
WHEREAS, The City Council has determined that the City of Elk River has
senior citizen residents that could benefit from a deferment
policy; and,
WHEREAS, The City Council has deemed it desirable to establish standards
and guidelines for the qualifications of a senior citizens assess-
ment deferment policy.
NOW, THEREFORE, BE IT RESOLVED by 'h, Council of the City of Elk River
that the standards and g '=lines determining the criteria for the
qualifications of a senior 'tizen applying for assessment deferment
shall be as follows:
1. To be eligible, the person shall be 65 years of age at the time
of the levy of the assessment roll or as of January 1st in the year
the application is made.
2. The property upon which the assessments are deferred must be home-
stead property.
3. The total household income, including spouse's income shall not
exceed $10,000 during the preceding year.
4. Application shall be made within 30 days of adoption of the
assessment roll.
5. The claimant has not signed a petition for the improvements of
which costs are to be assessed.
6. The application for deferment must be renewed each year by September
30th.
7. The special assessment imposed upon the property may be deferred until:
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.
Resolution 81-57
Page Two
c. If the property should for any reason lose its homestead
status.
d. If for any reason the City Council shall determine that there
would be no hardship to require immediate or partial payment.
Passed and adopted this 16th day of November, 1981 .
ATTEST: Richard Hinkle, Mayor
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Robert C. Middaugh
City Administrator
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