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._ ,, , <br /> � O� . <br /> O O <br /> • �b. - C ITY o� ORONO <br /> � ti <br /> '�' RESOLUTION OF THE CITY COUNCIL <br /> ��`�kE Kog'�� rvo. �3 � 9�4 _ <br /> � s <br /> � A RESOLU�ION AMENDING THE PROGRAM FOR DEFERMENT OF SPECIAL <br /> ASSESSMENTS FOR PERSONS 65 YEA�2S OF AGE OIt OLDER � <br /> WI�REAS,the City Council of the City of Orono is the official governing body of the City <br /> of Orono; and <br /> WHEREAS,Minnesota State Statute Section 435.193 through Section 425.195 authorizes <br /> the City of Orono,upon proper application,to defer the payment of special assessments against any <br /> homestead property owned by a person 65 years of age or older on January 1 of the payment year <br /> and for whom it would be a hardship to make the payments; and <br /> WHEREAS, Section 425.194 authorizes the municipality to establish an interest rate to be <br /> added to the deferred assessment which shall be payable in addition to the deferred assessment; and <br /> • that Orono had adopted such a program under Ordinance 2.62 (1984 recodified),Resolution 1093 <br /> (dated November 13, 1979), Resolution 1779 (dated June 10, 1985) and Resolution 2864 (dated <br /> August 27, 1990). <br /> WHEREAS, the City Council has determined that the deferral of assessments should be <br /> granted to any person otherwise qualified who makes proper application to the City of Orono on <br /> forms prescribed by the County Assessor of Hennepin County and by the Orono City Council and <br /> for whom the City Council determines that it would be a hardship to make the payments,based upon <br /> the following criteria: <br /> NUMBER OF PERSONS MAXIMUM INCOME <br /> IN HOUSEHOLD <br /> 1 Person $29,100 <br /> 2 Person $33,300 <br /> 3 Person $37,450 . <br /> � 4 Person $41,600 � � <br /> 5 Person $44,950 <br /> � 6 Person $48,250 <br /> � 7 Person $51,600 <br /> 8 Person $54,900 <br /> 1 <br />