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V, r r . <br /> RESOLUTIOr1 #1093 <br /> i - <br /> A i�SOLU'='IO�`i IZF.L:iTIt1G TO D�F�R'1Ei]=' nI' SPECIAL <br /> ASSESSIIE�dTS _T'OR PET2SOi1S 65 �'FP_RS O?' I�GE OR OLDER <br /> ' <br /> lJHERErS, the City Council of the City o� Orono is the <br /> of�icial governing body oL the City of Orono; and <br /> t�1FIEREAS , I�. S.A. Section �3 5 . 193 throuqh Section �13 S. 195 <br /> autllorizes ttie City of Orono, upon proper application, to defer <br /> tfie payt�ent of special assessr.lents against any hor.iestead uroperty <br /> o���ned by a person 65 years of age or older on ,7anuary 1 of the <br /> payment year and for whom it would be a hardship to make the pay- <br /> ments; and <br /> G�7fiEP.�AS, Section 435. 194 authorizes the r.lunicipality to <br /> establish an interest rate to be added to the deferred assessment <br /> • whicll shall be payable in addition to the deferred assessr.tent; <br /> ; <br /> and <br /> ?9I3E'_2EAS, the City Council Yias determined that the de- <br /> ferral of assessments should be qranted to any person otherwise <br /> qualified �•�ho makes proper application to the City of Orono on <br /> forms �rescribed by the Count_y Assessor of Hennepin County and <br /> by the Orono City Council and for who;n the City Council deterr.lines <br /> that it would be a hardship to make the payments, based u�on the _ <br /> • <br />