#3 Authorize special assessment payment plan for 3129 E Rotamer (File Res. #2010-750)
CLERK-TREASURER’S OFFICE MEMORANDUM
October 29, 2010
TO: City Council
FROM: Jean Ann Wulf, City Clerk-Treasurer
SUBJECT: Action on a proposed resolution authorizing a 10 year special
assessment payment plan for the property owner residing at 3129
E. Rotamer Rd. (File Res. No. 2010-750)
The property owners residing at 3129 E. Rotamer Rd. contacted the Clerk-
Treasurer’s Office concerning their sidewalk special assessments, in the amount
of $2,693.70, that were levied against their residential property this year. They
are requesting the opportunity to change from a 5 year to a 10 year payment plan
and the interest rate would remain at 6.00%.
Council Policy Statement No. 63 acknowledges financial hardships where a
property owner cannot afford to pay their special assessments over 5 years. An
excerpt from this policy states:
V. Financial Hardships.
A. If a property owner has a financial hardship, they may apply in writing
to the Council to spread payments over ten years with interest; rather
than five years.
In the past, the City Council has granted a 10 year payment plan because of
financial hardship. Therefore, the Clerk-Treasurer’s Office recommends that the
City Council adopt Resolution No. 2010-750 which would allow a 10 year
payment plan with interest.
City Manager Recommendation
I concur with the Clerk-Treasurer’s recommendation.
Attachment
Jay Winzenz, Director of Administrative Services
RESOLUTION NO. 2010-750
Resolution authorizing a 10 year special assessment payment plan for the property
owners residing at 3129 E. Rotamer Rd.
WHEREAS
, the Administration has determined that the property owners
residing at 3129 E. Rotamer Rd., tax parcel number 0208300094, Janesville,
Wisconsin, meets the conditions outlined in City Council Policy No. 63, paragraph V. A.
for a financial hardship ten year payment plan;
NOW, THEREFORE, BE IT RESOLVED
by the Common Council of the City of
Janesville, that the special assessments be changed from a five year to a ten year
payment plan with equal principal amounts and the associated interest levied.
ADOPTED:
Motion by:
Second by:
APPROVED:
Councilmember Aye Nay Pass Absent
Brunner
McDonald
Eric Levitt, City Manager
Perrotto
Rashkin
ATTEST:
Steeber
Truman
Voskuil
Jean Ann Wulf, City Clerk-Treasurer
APPROVED AS TO FORM:
City Attorney, City Attorney
Proposed by: City Clerk-Treasurer
Prepared by: City Clerk-Treasurer