Deferred Payments In the Future?
The basic plan would allow property owners to claim a deferment based on age (over 65) or permanent disability as well as meeting low-income criteria as set by the most recent U.S Census Bureau poverty threshold guidelines. Two examples: a single 65-year-old living alone must earn $9,060 or less and a household of two 65-year-olds would have to have an income of $11,418 or less to qualify.
The council expects to pass a resolution putting this in effect at our May 16 meeting. Property owners in the 5th Ward along 7th Street NW where the city plans to do a major reconstruction of the street later in 2005 will be the first to benefit from this new policy.
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