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.� <br /> � �, �,1 ���fi �J__Q�..U����� 4�-�o %�� <br /> 4 _-.....�.._._._. � ..... . . <br /> � O� <br /> O O <br /> � � <br /> CITY of URONO <br /> (� Municipal Offices <br /> �� G~ Street Address: Mailing Address: <br /> ��kESH��``�� 2750 Kelley Parkway P.O. Box 66 <br /> Orono, MN 55356 Crystal Bay, MN 55323-0066 <br /> October 26, 2004 <br /> Dear Project Area Residents; <br /> Sanitary Se�ver Assessments <br /> 1. Assessment Amount and Time Period. <br /> Tlle assessment ainount adopted for your property is$6,4000.The assessment will appear on your 2005 <br /> tax statement and is for a 15-year period <br /> 2. Interest Rate. <br /> The interest rate applied to the assessment is 6.25%. <br /> 3. Initial Prepayment Period. <br /> The final date for full or partial prepayment of the assessment without interest is Monday,November <br /> 30`'', 2004. <br /> 4. Future Prepavment Periods. <br /> Begiiuling in 2005, and every year thereafter, the remaining outstanding assessment may be paid off <br /> in full before November 15`�', or interest will be charged through December 31 of the next succeeding <br /> year. <br /> Senior Citizen Assessinent Deferral <br /> Owners of homestead property who are 65 years or older may apply for a deferinent of the special assessment if <br /> they meet the income criteria set forth in City Council Resolution#2864. <br /> Thank you for your assistance in this matter. Please contact me at 952-249-4621 should you have any <br /> questions. <br /> Sincerely; <br /> �~�, <br /> , , ,, <br /> �,j ;:����,.;'C1 i 1_. <br /> (;.�� _�--- G- vf� <br /> �� <br /> Greg Gappa <br /> Director of Public Services <br /> Telephone(952)249-4600 • Fax(952)249-4616 <br /> www.ci.orono.rnn.us <br />