Agenda - 04-28-1980 - Laserfiche WebLink

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Approximately fifty-five (55) percent of the cost of paving the above roads will be borne by the Department of Transportation of the'r^ state of North Carolina,. 2, The basis for assessment for the local share of the cost of this project shall be the cost to Orange County per linear foot of street frontage, including County administrative expenses and attorney's fees, 3, Orange County will assess the total local share according to the basis set out in Number 2 above which local share represents approximately forty-five (45) percent of the total project cost. 4. No assessments of this project will be held in abeyance. 5, The assessment shall be paid in the following manner: a. Within thirty (30) days after the Notice of Confirmation of the Assessment Role is published, each owner of the property may pay his/her assessment in full. b. Any assessment not paid in full as provided above shall i be paid in five (5) equal annual installments with the first such i installment, with interest, due sixty (CO) days after the date that E I the Assessment Role is confirmed, and the remaining installment, with interest, due on the same date in each successive year until the i assessment is paid in full . ! 6. The County Manager is directed to determine the costs, including i County administrative expenses and attorney's fees and to prepare a i Preliminary Assessment Role which will contain a brief description of each lot, parcel or tract of land assessed, the basis for the assessment, ( the amount assessed against each, the terms of payment, and the name of E the owner of each lot, parcel or tract as far as this can be determined t from the County tax records. This Resolution is effective upon its passage. i Thereupon, on motion duly made and seconded, this Pesolution was passed by the following vote: Commissioners Walker, Willhoit, Barnes, Whined and Ayes: Gustaveson Noes: None E I -2-