HomeMy WebLinkAboutResolution 1934 .,r' .�u
C�t� o� ORONO
• � RESOLUTION OF THE CITY COUNCIL
�' NO. 1934 -
• - • •
A RESOLUTION APPROVING A REAPPLICATION OF SPECIAL ASSESSMEY�lT
DEFERML�NT FOR HENRY M. SRARP
WHEREAS , the City Council has ordered a local
improvement project known as LS1980- 1 Sanitary Sewer for which
special assessments have b�en levied against the benefited
properties ; and
41HEREAS, the City Council has adopted Resolution Numbers
1�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 hardship; and
, . WHEREAS, Henry M. Skarp has made reapplication for
deferment of the above noted special assessment pursuant to the
provisions of Resolution Numbers 1093 and 1779, the original
deferment was approved by the City Council on October 14, 1980,
and amenc7ed on November 10, 1980,
NOW, THERSFOY2E, BE IT RSSOLVED, that the City Council of
� the City of Orono hereby finds that the applicant has
demonstrated a hardship consistent with the provisions of
Resolution Numbers 1093 and 1779, and hereby orders deferral of
the payment for the levied special assessments as follows:
APPLICANT: Henry M. Skarp
ADDRESS: 1045 West Ferndale Road
LEVY N0. P. I .N.S. LEVIED AMOUNT AMOUNT DEFERRED
7990 02-117-23 43 0P124 $8 , 831. 40 $8, 831. 40
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 1/2 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 199�. The remainder of the principal and interest shall
thereafter be payable in accordance with the adopted assessment
roll. '
j .v
Clt� o� ORONO
• �r RESOLUTION OF THE CITY COUNCIL
� NO. 1934
• � • •
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 24th day of February, 1986. _
. � � ��
� ��'"�� C.�.`�`.
� � Tim Adams, Acting Mayor
ATT ST�:
,
othy M Hallin, ity Clerk
If the applicant wishes to reapply at the �nd of this five (5)
year deferment the applicant must reapply to the City of Orono
for deferment of special assessments in October 1989, to keep the
assessment from being included with the real estate tax due and
payable in 1990. .
� Henry . Skarp .
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Date
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