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HomeMy WebLinkAboutResolution 1384 'r'�'-�`fy~•\ t �� Clt� o� ORONO G .�-l7.��n ' Fta� �:�`' ' .RESOLUTION OF THE CITY COUNCIL � NO. 1384 � �:. � • - �. _;,�,. ��:. A RESOLUTION APPROVING A SPECIAL ASSESSMENT DEFERMENT FOR MAYBELLE BOXRUD WHEREAS, the City Council has ordered a local improvement project known as LS 1981-1 Sanitary Sewer for which special assessments have been levied against the benefited properties; and WHEREAS, 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 assessmerit would constitute a financial hard- ship; and , WHEREAS, Maybelle Boxrud 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: Maybelle Boxrud ADDRESS: 4040 North Shore Drive LEVY NO. P.I.D. LEVIED 'AMOUNT AMOUNT DEFERRED 8384 07-117-23 44 0063 $2 ,797.22 $2,797.22 8384 07-117-23 44 0064 $2,797.22 $2 ,797.22 8384 07-117-23 44 0065 $2 ,797.22 $2�,7y7. 23 TOTAL $8,391.67 Deferral of payments for principal and ;nterest 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 1987. • Interest at the rate of 9�o annum shall be added to the deferred assessment. Deferred principal and interest Page 1 of 2 4ti� `� � �,��� C�t� o� ORONO � - �:3: �'=� RESOLUTION OF THE CITY COUNCIL . � . ;` NO. 1384 � • � • • shall thereafter be payable in accordance with the adopted assessment roll. This right of deferment is automatically terminated in collection year 1987 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; 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 10 day of A�ay., 19a2, .�� . William B. Van�Nest, ayor ATTEST- �� : �� � Alberta M. Strom, City Clerk � � • Page 2 of� 2