HomeMy WebLinkAboutResolution 1216 � Cit of ORONO
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RESOLUTION OF THE CITY COUNCIL `
• No. /�7�
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A RESOLUTION APPROVING A SPECIAL ASSESSMENT
DEFERMENT FOR HENRY M. SKARP
WHEREAS, the City Council has ordered a local improvement
project known as LS1980-1 Sanitary Sewer for which special assessments
have been levied against the benefited properties; and
6�THEREAS, the City Council has adopted Resolution No. 1093
establishing a policy and procedure for deferring such special assessments
for persons 65 years of age or older who have limited income and assets
and for whom payment of such special assessment would constitute a
financial hardship; and
WHEREAS, Henry r1. Skarp has made an application for deferment
of the above noted special assessment pursuant to the provisions of
Resolution No. 1093,
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the
City of Orono hereby finds that the applicant has demonstrated a hardship
• consistent with the provisions of Resolution No. 1093, and hereby orders
deferral of the payment for the levied special assessments as follows :
APPLICANT: Henry M. Skarp
ADDRESS: 1045 West Ferndale Road
� LEVY NO. PINS LEVIED Ab10UNT AMOUNT DEFERRED
7990 02-117-23 43 0012 $ 5, 098 . 50 $ 5, 098 . 50
7990 02-117-23-43 0013 $ 5, 098 . 50 $ 5, 098. 50
Deferral of payments for principal and interest shall be for a
period of time not to exceed five (5) years with the first payment of
principal and interest due in collection year 1986. ,
• Interest at the rate of 92$ annum shall be added to the
deferred assessment. Deferred principal and interest shall be payable
at the time of the first payment due in collection year 1986. The
remainder of the principal and interest shall thereafter be payable in
accordance with the adopted assessment roll .
This right of deferment is automatically terminated in
collection year 1986 or upon the occurrence of any one or more of the
following conditions , whichever may occur first:
• l . The owner dies and the spouse is not otherwise eligible .
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Cit� of ORONO
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RESOLUTION OF THE CITY COUNCIL '
• No. �.�/�
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2. The property or any part thereof is sold, transferred
or subdivided;
3. The property should lose its homestead status; or
4. If for any reason the City determines that there would
be no hardship to require immediate or partial payment.
Adopted by the City Council of the City of Orono, Minnesota ,
on the Fourteenth day of October, 1980, and amended on the Tenth day
of November, 1980 .
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William B. Van Nest, blayor
ATTEST:
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/� alter . Benson, City Administrator ,
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