HomeMy WebLinkAbout1997-17 LID Payment DeferralRESOLUTION NO. 97-/'7
A RESOLUTION PROVIDING FOR A DEFERRAL OF
LOCAL IMPROVEMENT DISTRICT ASSESSMENT OF
PAYMENTS FOR QUALIFYING SENIOR CITIZENS AND
DISABLED PERSONS
RECITALS:
Ao
The State of Oregon in ORS 311.702 to 311.735 provides for the deferral of
special assessment payments for Iow-income senior citizens; and
The City of Ashland desires to expand the State program to other qualifying
senior citizens and disabled persons through the deferral of assessment
payments until the property changes ownership.
NOW, THEREFORE, IT IS RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE
CITY OF ASHLAND, AS FOLLOWS:
SECTION 1. Deferral Program Established. The City of Ashland hereby establishes a
program for the deferral of payments for qualifying senior citizens and disabled
persons under the terms set forth in this resolution.
SECTION 2. Eligibility. Owner-occupied dwellings where an owner is over the age of
65, or disabled, as defined by the Americans with Disabilities Act, and whose annual
family income does not exceed eighty percent (80%) of the median income of families
in the Medford-Ashland Metropolitan Statistical Area (MSA), shall be eligible for a
deferral of assessment payments under a local improvement district. The income
levels for 1997 are as follows:
Family Approved
Size Median Income
1 20,250
2 23,150
3 26,050
4 28,950
5 31,300
6 33,600
Median income levels shall be determined by the City's Department of Community
Development in May of each year for the annual family incomes published by the U.S.
Department of Housing and Urban Development.
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SECTION 3. Limitation on Amount of Deferral. The amount which may be deferred is
limited to the assessment of a standard lot with a frontage of not more than 80 feet or
an area of not more than 8000 square feet.
SECTION 4. No Interest Charged. The deferral shall be carried by the City at no
interest and the principal amount shall be due and payable in full upon title to the
property being transferred to another person, or upon the occasion of the qualifying
individual no longer living on the property.
SECTION 5. Cap on Total Amount of Assessment Deferrals. The total amount of
assessment debt that may be deferred at any time shall be limited to an aggregate of
$50,000. Applications for deferrals shall be received and approved up to this amount
on a first- come, first-served, basis.
SECTION 6. This resolution shall be effective on July 1, 1997.
This resolution was read by title only in accordance with Ashland Municipal Code
§2.04.090 duly PASSED and ADOPTED this /~'~ day of ~ , 1997.
B~nsen~
SIGNED and APPROVED this //~ day of
~--~(¢,1997.
e M.. Golden, Mayor
Reviewed as to form:
Paul Nolte, City Attorney
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