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.,.�.�v,,:•L-, <br /> 3. If the a�plicant does not rall �-Jithin <br /> one of the above criteria , the City Couiicil shall , � <br /> ; <br /> in its discretion, deterrmin.e }iardship based ui�on <br /> the ap1�licant ' s incorie , assets and ex�enses. <br /> iI0'.'r', THEREFOR�, BE IT RESOLVED T,3Y T�IE CITY COU']CIL O�' <br /> THE CIi`� OP OROTJO I?I REGULAR ilEE"_'Ii�1G ASSF,�IBLED, that a�sessments <br /> against any hor,iestead propert,� o�vned b�� a ;�erson 65 1�ears of age � <br /> or older and For whorl it would be a hardship to r.make the �ayr�ents, <br /> be deferred for a L�eriod of time not to exceed rive years , subject <br /> to the aforementioned Linancial criteria, upon sul�mission of an <br /> appropriate api�lication signed by the qualified l�erson; and <br /> BE IT I'URTHER i.�SOLV�D, that interest at the rate for <br /> • tizat particular assessr,lent shall be added to the cleferred assess- <br /> ment and shall be payable in accordance with the terms and Uro- <br /> visions of i-i. S.11. Section 435 . 195 ; and <br /> B� IT �'U�TIirR PESOLVED, that the riqht of deferr.lent is <br /> automatically terminated under Section 435. 195 if : <br /> 1. Tlie ow•ner di�s and the spouse is not <br /> otherwise elic;ible; � <br /> 2. `^he property or any 1�art therP�� ; � <br /> � <br /> _ .,r-.��� <br />