Orange County NC Website
Browse       Search
is <br /> the basis set out in number 2 above which local share represents <br /> approximately thirty-three percent (33%) of the total project cost. <br /> 4. No assessments of this project will be held in abeyance. <br /> 5. The assessments shall be paid in the following manner: <br /> a. Within thirty (30) days after the notice of confirmation of <br /> • the assessment role is published, each owner of the property <br /> may pay his assessment in full. <br /> b. Any assessment not paid in full as provided. above shall be <br /> paid in five equal annual installments with the first such <br /> installment, with interest, due sixty (60) days after the <br /> date that the assessment role is confirmed, and the <br /> remaining installments, with interest, due on the same date <br /> in each successive year until the assessment is paid in <br /> full. <br /> IT IS FURTHER RESOLVED AND ORDERED that: <br /> The total project cost and the amount to be financed and <br /> assessed by Orange County is $7,639.25, as follows: <br /> Local _Costs <br /> Total To Be Financed <br /> Costs By Orange County <br /> construction cost $23,000.00 $7,040.00 <br /> legal services 500.00 500.00 <br /> publication costs 75.00 75.00 <br /> mailing and other 24.25 24.25 <br /> Total project cost $23,599.25 $7,639.25 <br /> The County Manager is hereby directed to prepare a preliminary <br /> assessment roll which roll shall contain a tax description of each lot, <br /> parcel or tract of land assessed, the basis for the assessment, the amount <br /> -2- <br />