Loading...
HomeMy WebLinkAbout1982 Resolution No. 018RESOLUTION NO . SERIES OF 1982 1 8 A RESOLUTION AMENDING STANDARDS FOR THE ELIGIBILITY OF PERSONS WHO APPLY FOR DEFERRAL OF PAYMENT OF SPECIAL ASSESSMENTS AGAINST THEIR PROPERTY OCCUPIED AS THEIR RE S IDENCE PURSUANT TO '69 ENGLEWOOD MUNICIPAL CODE , TITLE XII , CHAPTER 1 .5 . WHEREAS , the City of Englewood has recognized that some of its citizens have limited property a n d fixed incomes and as a result are unable to pay assessments established by special assessment districts without creating difficult b u rden upon those citi zen s ; and WHEREAS, the City of Englewood has enacted an Ordinance No . 41 , Series of 1981 , to permit eli gible persons to defer pay- ment of spec i al assessments agains t t heir propert y occupied as their residence until a l ater, more appropriate time; and WHEREAS, pursuant to said Ordinance codified at Title XII , Chapter 1 .5 , of the '69 E .M.C ., the City Council is required to e stablish eligibility criteria for persons participating in the Englewood assessment deferral program; and WHEREAS , City Council desires to bring current eligibility criteria ; NOW, T HEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF T HE CITY OF ENGLEWOOD, COLORADO: 1. That t he income eligibility limitation for applicant s who are senior persons , h andicapped persons or d i sabled persons , or low income persons , for assessment deferral pursuant to Title XII , Chapter 1.5 , of the '69 E .M.C., are : Number of Persons in Household 1 2 3 4 5 6 7 8 or more Income Limitations (Yearly) $ 9,900 11,300 12 ,750 1 4,150 15,300 16 ,400 17,550 18 ,700 , 2 . That the asset limitation for eligibility of senior persons for assessment deferral pursuant to Title XII, Chapter 1.5, of the '69 E.M .C ., is $10,000 of nonexempt personal and real property per household . 3 . That the asset limitation for eligibility of disabled persons , handicapped persons, and low income persons for assess- ment deferral pursuant to Title XII, Chapter 1.5 , of the '69 E.M .C ., is $5,000 of nonexempt personal and real property per household . 4 . That in the event a person's or household 's assets exceed the allowable asset limitation but do not exceed the income limita- tion established for said eligible person's household, Lhe person or household may be eligible for the assessment deferral program if 50% of the value of nonexempt assets over said asset limitation added to the yearly income of said person or household results in said person or household being within the applicable income limitations . APPROVED AND ADOPTED THIS 5th day of April, 1982. Beverly Bradshaw, Mayor Pro Tero Attest : I, Gary R . Higbee , ex officio City Clerk-Treasurer of the City of Englewood, Colorado , hereby certify that the above and foregoing is a true , accurate and complete copy of Resolution No .~, Series of 1982 .