HomeMy WebLinkAboutResolution 4020 �,. :,,
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��� ��'�' RESOLUTION OF THE CITY COUNCIL
. �kESH�g' � NO. a� O � O
� A RESOLUTION APPROVING A REAPPLICATION OF SPECIAL ASSESSMENT
DEFERMENT FOR ROSE MADDEN
WHEREAS,the City Council has ordered a local improvement project known as Stubbs Bay
1992 Sanitary Sewer Improvement for which special assessments have been levied against the
benefitted properties; and
WHEREAS, the City Council has adopted Resolutions No. 1093, Resolution No. 1779,
Resolution No. 2864, Resolution No. 3175, and Resolution No. 3894 established 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
� WI�REAS,Rose Madden has made reapplication for deferment of the above noted special
assessment pursuant to the provisions of Resolution Numbers 1093, 1779,2864, 3175 and 3894,the
original deferment was approved by the City Council on December 14, 1992.
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 3894, and hereby orders deferral of the payment for the levied special assessments as .
follows:
APPLICANT: Rose Mary Madden
ADDRESS: 350 Crestview Avenue .
LEVY NO. PROPERTY I.D.NUMBER LEVIED AMOUNT AMOUNTDEFERRED
12544 OS-117-23-14-0057 $8,840.00 $8,840.00
Deferral�of payment 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 2002.
Interest at the rate of 6.5%per 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 2002. �
The remainder of the principal and interest sha11 thereafter be payable in accordance with the adopted
assessment roll.
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���� - CITY of ORONO
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�� G'�' RESOLUTION OF THE CITY COUNCIL
��kESH�g'� NO. /.�.� 6i
� This right of deferment is automatically terminated in collection year 2002 or upon the
occurrence of any one or more of the following conditions,whichever may occur first:
� . . 1. The owrier 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 12th day of January,
1998. �
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ATTEST: Gabrie abbour,Mayor
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Dorothy M. a lin, City Clerk , •
If the applicant wishes to reapply at the end of this five (5) year deferment, the applicant must
reapply to the City of Orono for deferment of special assessments in October 2001, to keep the
assessment from being included with the real estate tax due and payable in 2002.
/J�e, � i 8
Signature ofApplicant ' Date
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