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Resolution 1588
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Resolution 1588
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3/27/2017 3:31:57 PM
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�.� ' .� ' <br /> _`- . . <br /> . • ���n Clt of ORONO <br /> ;w_ � � <br /> �:tH. <br /> ��.i�.��..;I ' � . . <br /> ����: RESOLUTION OF THE CITY COUNCIL � ' � <br /> �4�' � NO. 1588 <br /> ,a�'$ <br /> •�xt <br /> g� • ' <br /> � • _ • • .. <br /> A RESOLUTION APPROVING A SPECIAL ASSESSMENT . <br /> DEFERMENT FOR DOROTHY REARNS <br /> WHEREAS, the City Council has ordered a local improvement <br /> project known as Navarre Utility Improvement Project 1982-1A for which <br /> special assessments have been levied against the benefited � <br /> properties; and . <br /> WHEREAS, the City Council has adopted Resolution Na . 1093 <br /> establishing a policy and procedure for deferring such special . <br /> assessments for persons 65 years of age or older who have limited income � <br /> and assets and for whom payment of such special assessment would � <br /> constitute a financial hardship; and <br /> • WHEREAS, Dorothy Kearns has made an application for <br /> deferment of the above noted special assessment pursuant to the <br /> provisions of Resolution No. 1093, . � .� <br /> NOW, THEREFORE, BE IT RESOLVED, that the City Council af the . <br /> City of Orono hereby finds that the applicant has demonstrated a . <br /> hardship consistent with the provisions of Resolution No . 1fd93, and � , <br /> hereby orders deferral of the payment for the levied special _ . <br /> � assessments as follows: � <br /> APPLICANT: Dorothy Kearns <br /> ADDRESS: 2691 Ethel Avenue .. <br /> LEVY N0. P.I .D. LEVIED AMOUNT AMOUNT DEFERRED <br /> - 9�85 20-117-23 24 f6027 $150. P10 $150. 90 <br /> Deferral of payments for principal and interest shal�. be for <br /> a period of time not to exceed five (5) years with the first payment of <br /> principal and interest due in collection year 1988. � <br /> Interest at the rate of 9.7� annum shall be added to the � � . <br /> _ . deferred assessment. Deferred principal and interest shall , <br /> thereafter be payable in accordance with the adopted assessment roll . <br /> • . This right of deferment is automatically terminated in <br /> . collection year 1988 or upon the occurrence of any one or more of the <br /> following conditions, whichever may occur first: <br />
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