HomeMy WebLinkAboutResolution 1924 ,, . ,,►
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d C�t� o� ORONO
• RESOLUTION OF THE CITY COUNCIL
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� NO. 1924
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� A RSSOLQTION APPROVING A SPECIAL ASSESSMENT
DEFERMSNT FOR MAYBELL N. ROHLS
WHEREAS , the City Council has ordered a local�
improvement project known as LS85-1 Crystal Bay Sanitary Sewer
for which special assessments have been levied against the
benefited properties; and
WHEREAS, the City Council has adopted Resolution Numbers
1f�93 and 1779 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 harc]ship; and
• 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 Nl�mbers 1093 and 1779, and hereby orders deferral of
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the payment for the levied special assessments as follows:
APPLICANT: Maybell N. Kohls
ADDRESS: 1224 Briar Street
LEVY N0. P.I .N.S . LEVIED AMOUNT AMOUNT DEFERRED
1P1003 10-117-23 31 4J074 $9, 235. 0P! $9,235. 0P1
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 1990.
Interest at the rate of 9.2A� 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 199Pl. The remainder of the principal and interest shall
thereafter be payable in accordance with the adopted assessment
roll.
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• � ; • RESOLUTION OF THE CITY COUNCI L
. � _.� Np, 1924 . •} + _
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� This right of deferment is automatically terminated � in
. collection year 1990 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 101th day of February, 1986.
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: Tim Adam , Acting Mayor �
AT ST:
P '
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D othy M. allin, City Clerk
If the applicant wishes to reapply at the end of this five (5)
year deferment the appl icant must reapply to the City of Orono
for deferment of special assessments in October 1989, to keep the
assessment from being includec3 with the real� estate tax due and
payable in 1990.
• � Maybell N. Kohls
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Date
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