HomeMy WebLinkAbout2004 - Sanitary Sewer Assessments 90 \ a i,s -r T-Arirv\ [LOAD
O
CITY of ORONO
ti Municipal Offices
�� G~ Street Address: Mailing Address:
�9kESI;O¢- 2750 Kelley Parkway P.O. Box 66
Orono, MN 55356 Crystal Bay, MN 55323-0066
October 26, 2004
Dear Project Area Residents;
Sanitary Sewer Assessments
1. Assessment Amount and Time Period.
The assessment amount adopted for your property is$6,4000.The assessment will appear on your 2005
tax statement and is for a 15-year period
2. Interest Rate.
The interest rate applied to the assessment is 6.25%.
3. Initial Prepayment Period.
The final date for full or partial prepayment of the assessment without interest is Monday,November
30th, 2004.
4. Future Prepayment Periods.
Beginning in 2005, and every year thereafter, the remaining outstanding assessment may be paid off
in full before November 15th, or interest will be charged through December 31 of the next succeeding
year.
Senior Citizen Assessment Deferral
Owners of homestead property who are 65 years or older may apply for a deferment of the special assessment if
they meet the income criteria set forth in City Council Resolution#2864.
Thank you for your assistance in this matter. Please contact me at 952-249-4621 should you have any
questions.
Sincerely;
cs),,),//,
Greg Gappa
Director of Public Services
Telephone(952)249-4600 • Fax(952)249-4616
www.ci.orono.mn.us