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HomeMy WebLinkAbout4J - Hannen's Assessment DATE: 4J JEFFREY T. EVENS, ENGINEERING TECHNICIAN IV CONSIDER APPROVAL OF ASSESSMENT DEFERRAL FOR PROJECT 95-01 RIDGEMONT AVENUE RECONSTRUCTION OCTOBER 16,1995 CONSENT AGENDA #: PREPARED BY: SUBJECT: INTRODUCTION: The purpose of this agenda item is to consider approval of deferment application for Margaret Hannen's two parcels (PIN 25-078-002-2 & 25-054-006-0). BACKGROUND: At its regular meeting of October 2, 1995, the Council approved Resolution 95-90 which adopted the assessment roll for project 95-01. On September 14 ,1995 two applications for deferment of special assessments were delivered to the City financial director for Margaret Hannen. DISCUSSION: Prior Lake Code, Chapter 1-13 allows for the deferment of assessment principal and interest if the following four criteria are satisfied: 1. Applicant must be 65 years of age or older. 2. The qualifying property must be the homestead of the applicant. 3. Annual gross income shall not exceed the income limits as set forth by family size according to Attachment "A" of Ordinance 86-3. 4. Total special assessment to be deferred must exceed $1000.00. The application for the deferment of special assessments for the two parcels are complete and the applicant does qualify under the City criteria. 16200 faf.g~~ Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER ALTERNATIVES: The alternatives are as follows: 1. Approve the application for deferment as submitted. 2. Reject the application for a specific reason. RECOMMENDATION: The recommendation is Alternatives No.1 approving the application as submitted ACTION REQUIRED: Make a motion to approve the deferment for Margaret Hannen's two parcels (P ,#25-078-002-0 & 25-054-0q6- 0). (IJ AGDEFRIG.DOC