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, :_ _ . <br /> �— <br /> /� �� � <br /> • � � <br /> ��b. - � CITY of ORONO <br /> � ti . <br /> '�' RESOLUTION OF THE CITY COUNCIL . <br /> G <br /> � <br /> � ��kESI�04� NO.� � t 4 � a� ��•. <br /> ��Lnterest at.the raie of 6.25%per anniun shall be addecl to the deferred ass�ssment. Deferred <br /> . . ..: principal and inter.est,shall be payablP at the time oFthe first payment due in collectian year 2006. . <br /> � .:• :.T�ie remainder�oftlie:prYiei�al anci�ilterest shal3.t��ereafiez�be��yable�in a�cord�lce��rith tne adopted � <br /> assessment roll. <br /> ` . j�° 'I'his right of deferm_e.n� is aa�itornati.ca?ly�terrxiinattd in collection year 2006 or �apon the <br /> occurrence of any one or more of the following conditions, wh�chever may occur first: . <br /> 1. The o�mer dies and thP spouse is not otherwise eligible; <br /> �2. � Ths pronerty �r�any part ther.eof is so3d,tr�n..sfsrred, or su�ciivide�l.; . <br /> . 3. The pr.apert;� sh�ul�.iose its homestead status; or <br /> '�4:� If�f.c�r*ai.y�-:eason:.�e` City determ�ines=��#hat there.waul'd be_no hurdsh.ip°to°require <br /> • � � . �°it�unediate ur p�u�tial�aym�nt. <br /> � � �zlopted:by ihe t�i�y�Cotcn��i� af thz'r�iT;�of"Oxeno, Miruies�t�:�n the 23rd day of�Jctober5 , <br /> 2000. � <br /> ATTEST: � <br /> � �- �,,�� . <br /> Linda S. Vee, Gity Clerk Gabrie abbQUr, Mayor <br /> . If the applicant wishes to reapply at the end.of this five,(5) year deferment, the applicant must . - <br /> � reapply to the City of 4rono for defer.ment of special assessments in October 2005 to kee� *�he . <br /> assessment from beir�g included with the real estate tax due and payable in 2006. , ;-�{� • <br /> :, - - �� � y` �'(���//���� � � —�� _ <br /> � \�fZJ �� `R-i� J . <br /> Si�a of Applicant Date <br /> • • Page 2 of 2 <br />