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/) <br />h <br />CITYofORONO <br />hSWiXt <br />RESOLUTION OF THE CITY COUNCIL <br />NO.-----48 6 3__ <br />A RESOLUTION AMENDING THE PROGRAM FOR DEFERMENT OF SPECIAL <br />ASSESSMENTS FOR PERSONS 65 YEARS OF AGE OR OLDER <br />ofOrono;and <br />WHEREAS) the City Council of the City of Orono is the official governing body of the City <br />^^REAS,MinnesotaStateStatuteSection435.193throughSection425.195authorizestoe City of Orono, upon proper application, to defer the payment of special assessments against any <br />hom^ead property owned by a person 65 years of age or older on January 1 of the payment year and <br />for whom it would be a hardship to make the payments; and <br />''?®*^AS»Section425.194authori2esthemuiiicipalitytoestablishaninterestratetobe <br />Md^ to toe deferred assessment which shall be payable in addition to the deferred assessment* and <br />toat Orono had adopted such a program under Ordinance 2.62 (1984 recodified). Resolution 1093 <br />*^79), Resolution 1779 (dated June 10,1985), Resolution2864 (dated August <br />27,1990), Resolution No. 3894 (dated April 28,1997), ResoluUonNo. 4288 (dated May 10 19991 <br />Resolution No. 4667 (dated May 8,2000) and Resolution No. 4716 (dated October 22,2001). <br />WHEREAS, the City Copncil has determined that the deferral of assessments should be <br />granted to any person otherwise qualified who makes proper application to toe City of Orono on <br />forms prescribed by the County Assessor of Hennepin County and by the Orono City Council and <br />for whom the City Council determines that it would be a hardship to make the payments, based upon <br />the following entena: <br />NUMBER OF PERSONS <br />IN HOUSEHOLD <br />MAXIMUM INCOME <br />1 Person $38,100 <br />2 Person 543,500 <br />3 Person $48,950 <br />4 Person $54,400 <br />S Person $58,750 <br />6 Person $63,100 <br />7 Person $67,450 <br />8 Person 571,800 <br />Page 1 of 2 <br />I