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HomeMy WebLinkAboutResolution 1588 �.� ' .� ' _`- . . . • ���n Clt of ORONO ;w_ � � �:tH. ��.i�.��..;I ' � . . ����: RESOLUTION OF THE CITY COUNCIL � ' � �4�' � NO. 1588 ,a�'$ •�xt g� • ' � • _ • • .. A RESOLUTION APPROVING A SPECIAL ASSESSMENT . DEFERMENT FOR DOROTHY REARNS WHEREAS, the City Council has ordered a local improvement project known as Navarre Utility Improvement Project 1982-1A for which special assessments have been levied against the benefited � properties; and . WHEREAS, the City Council has adopted Resolution Na . 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, Dorothy Kearns 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 af the . City of Orono hereby finds that the applicant has demonstrated a . hardship consistent with the provisions of Resolution No . 1fd93, and � , hereby orders deferral of the payment for the levied special _ . � assessments as follows: � APPLICANT: Dorothy Kearns ADDRESS: 2691 Ethel Avenue .. LEVY N0. P.I .D. LEVIED AMOUNT AMOUNT DEFERRED - 9�85 20-117-23 24 f6027 $150. P10 $150. 90 Deferral of payments for principal and interest shal�. be for a period of time not to exceed five (5) years with the first payment of principal and interest due in collection year 1988. � Interest at the rate of 9.7� annum shall be added to the � � . _ . deferred assessment. Deferred principal and interest shall , thereafter be payable in accordance with the adopted assessment roll . • . This right of deferment is automatically terminated in . collection year 1988 or upon the occurrence of any one or more of the following conditions, whichever may occur first: 119 .i � - . . ' . . . ! �:.� � , C�t� of ORONO � ,7�... l . :rl . •r•,f�!.�� • RESOLUTION OF THE CITY COUNCIL � ,,,tr� ,,?�.;- . • N�, 1588 . � � • - • • � 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 28 day of November , 1983., rescheduled and adopted November 30 , 198�3 . � . • � . � . . Mary C. er, Mayor _ ATTEST: ���%��/l��/�-�,�1��..�_�"--�- Alberta M. Strom, City Clerk � . �