Agenda - 02-05-1979 - Laserfiche WebLink

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ILF i L f known as Jefferson Drive, North Carolina State Road #1821, also i known as Washington Drive, and North Carolina State Road #1822, also known as Kennedy Circle, in Eno Township, Orange County, North Carolina. The amount to be financed by Orange County is estimated to be $24,000.OD, including costs and attorney's fees. Approximately 55% of the cost of paving the above roads will be borne by the Department of Transportation of the 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 iI per linear foot of street frontage. including County administra- tive 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 45 percent of the total project cost. 4. No assessments of this project will be hall 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 assessment in full. b. Any assessment not paid in full as provided above shall be paid in .five (5) equal annual installments with the first such installment, with interest, due sixty (60) days after the date that the Assessment Role is confirmed, and the remaining installment, with interest, due on the same date in each successive year until the assessment is paid in full. IT IS FURTHER RESOLVED AND ORDERED that a public --2-- hearing on all matters covered by this preliminary assessment COLMMAN.BERNHOLZ resolution will be field on February 20, 1979 at 7:30 O'clock & DICKERSON ATCORNM AT LAW CHAPEL HILL„N.C., P• M. , during the regular meeting of the Board of Commissioners, HILLSBOROUGH,N.C. Orange County, Orange County Courthouse, Hillsborough, North Carolina.