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� O� <br /> O �� _ O CITY of ORONO <br /> �a� <br /> � � �', �' � RESOLUTION OF �H� C�ITIf COUNCIL <br /> �',�, `� :�� � ti o 6 � <br /> G NO. <br /> ��kESH�g'� <br /> 6. The proceeds of the Abatement will be used by the City as the primary source of <br /> payment of the Bonds. <br /> 7. The amount of abatement proposed for each parcel does not exceed such parcel's <br /> local tax rate multiplied by the total net tax capacity of such parcel. <br /> Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held <br /> April 14, 2014. <br /> ATTEST: � ' <br /> Lili McMillan, Mayor <br /> � <br /> Rachel Dodge, City Clerk <br /> AUTHORIZING RESOLUTION <br />