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(c) The option to defer the payment of special assessments shall terminate and all <br />amounts accumulated plus applicable interest shall become due upon the <br />occurrence of any one of the following: <br />(1) The death of the owner when there is no spouse who is eligible for <br />deferment. <br />(2) The sale, transfer or subdivision of all or any part of the property. <br />(3) Loss of homestead status on the property. <br />(4) Determination by the council for any reason that there would be no <br />hardship to require immediate or partial payment. <br />ADOPTED this 11 day of December, 2023, by the City Council of the City of <br />Orono, Minnesota. <br />CITY OF ORONO <br />By: <br />Dennis Walsh, Mayor <br />ORD 286 17 <br />