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,, . ,,► <br /> � . <br /> d C�t� o� ORONO <br /> • RESOLUTION OF THE CITY COUNCIL <br /> � <br /> � NO. 1924 <br /> • ' • • <br /> � A RSSOLQTION APPROVING A SPECIAL ASSESSMENT <br /> DEFERMSNT FOR MAYBELL N. ROHLS <br /> WHEREAS , the City Council has ordered a local� <br /> improvement project known as LS85-1 Crystal Bay Sanitary Sewer <br /> for which special assessments have been levied against the <br /> benefited properties; and <br /> WHEREAS, the City Council has adopted Resolution Numbers <br /> 1f�93 and 1779 establishing a policy and procedure for deferring <br /> � such special assessments for persons 65 years of age or older who <br /> have limited income and assets and for whom payment of such <br /> special assessment would constitute a financial harc]ship; and <br /> • NOW, THEREFORE, BE IT RESOLVED, that the City Council of <br /> the City of Orono, . hereby finds that the applicant has <br /> demonstrated a hardship consistent with the provisions of <br /> Resolution Nl�mbers 1093 and 1779, and hereby orders deferral of <br />�. <br /> the payment for the levied special assessments as follows: <br /> APPLICANT: Maybell N. Kohls <br /> ADDRESS: 1224 Briar Street <br /> LEVY N0. P.I .N.S . LEVIED AMOUNT AMOUNT DEFERRED <br /> 1P1003 10-117-23 31 4J074 $9, 235. 0P! $9,235. 0P1 <br /> Deferral of payments for principal and interest shall be <br /> for a period of time not to exceed five (5) years with the first <br /> payment of principal and interest due in collection year 1990. <br /> Interest at the rate of 9.2A� annum shall be added to <br /> the deferred assessment. Deferred principal and interest shall <br /> be payable at the time of the first payment due in collection <br /> year 199Pl. The remainder of the principal and interest shall <br /> thereafter be payable in accordance with the adopted assessment <br /> roll. <br /> • <br /> 1 of 2 <br />