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City of ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO. <br />This right of deferment is automatically terminated in <br />collection year 1990 or upon the occurrence of any one or more of <br />the following conditions, whichever may occur first: <br />1. The owner dies and the spouse is not otherwise <br />eligible. <br />7. The property or any part thereof is sold, <br />transferred or subdivided; <br />3. The property should lose its homestead status; or <br />4. If for any reason the City determines that there <br />would be no hardship to require immediate or partial <br />payment. <br />4dopted by the City Council of the City of Orono, <br />Minnesota on the 10th day of February, 1986. <br />Timm Adams, Acting Mayor <br />ATTEST: <br />Dorothy M. Ha in, ty Clerk <br />If the applicant wishes to reapply at the end of this five (5) <br />year deferment the applicant must reapply to the City of Orono <br />for deferment of sleci.l assessments in October 1989, to keep the <br />assessment from being included with the real estate tax due and <br />Payable in 1990. <br />