To qualify for the special assessment deferment, all of the following are required:
- The applicants must be 65 years of age or older, or retired by virtue of a permanent and total disability for whom it would be a hardship to make the payments. Property owners who have not attained age 65, but are retired as a result of a permanent and total disability must establish such disability by evidence satisfactory to City Council;
- The applicant must be the owner of the property;
- The property for which deferment is requested must be classified as homestead; and
- The annual income of owners requesting a deferment is found not to exceed the sum of $45,625 as of January 1, 2023. This amount shall subsequently be adjusted annually by the Consumer Price Index for the Twin City area.
Active Duty Military Reserves:
In 2008 the MN Legislature amended the statute to include property owned by a person who is ordered into active military service, as defined in section 190.05 subdivision 5b or 5c, as stated in the person’s military orders, for whom it would be a hardship to make the payments.