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#6 Defer special assessments for 402 South Washington (File Res. #2010-732) CLERK-TREASURER MEMORANDUM September 15, 2010 TO: City Council FROM: Jean Ann Wulf, City Clerk-Treasurer SUBJECT: Action on a proposed resolution deferring special assessments for the property located at 402 S. Washington St. (File Resolution 2010-732) The property owner residing at 402 S. Washington St. has requested a special assessment hardship deferment based on their current economic status. The special assessments have a current balance of $3,068.44. Council Policy Statement No. 63 acknowledges financial hardships where property owners cannot pay for their special assessments. To qualify for a deferment, a property owner must: be over 64 years of age or is handicapped so as to limit earning ability; own and reside at the property where the improvements were made; and, earn less than 50% of the County median income as established by the Department of Housing and Urban Development. In the past, the City Council has granted financial hardship interest-free deferments. The assessments will not be due until the property owner sells his home. The Neighborhood Services Department staff has verified that the property owner at 402 S. Washington St. is eligible for the deferment. The Administration has prepared Resolution No. 2010-732 which would defer interest free the special assessments until the property is sold. We recommend the City Council adopt this resolution. City Manager Recommendation The recommended motion is consistent with City Council policy. Suggested Motion: “I move to adopt Resolution 2010-732 which will defer interest free the special assessments levied against 402 S. Washington St. cc: Jay Winzenz, Assistant City Manager RESOLUTION NO. 2010-732 A Resolution deferring special assessments for sidewalk for the property located at 402 S. Washington St. WHEREAS, The Administration has determined that the owner of property at 402 S. Washington St., tax parcel 0135300226 resides at this address and meets the conditions outlined in City Council Policy No. 63, paragraph V.B. for special assessment deferments; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville, that the special assessments in the amount of $3,068.44 for 402 S. Washington St., shall be a lien on this property and be paid when the property is sold or transferred without any accumulation of interest. ADOPTED: Motion by: Second by: APPROVED: Councilmember Aye Nay Pass Absent Brunner McDonald Eric Levitt, City Manager Perrotto Steeber ATTEST: Truman Rashkin Voskuil Jean Ann Wulf, City Clerk-Treasurer APPROVED AS TO FORM: City Attorney, City Attorney Proposed by: Clerk-Treasurer’s Department Prepared by: Clerk-Treasurer’s Department