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022, <br /> Eno Township, Orange County, North Carolina. <br /> 2. The basis for assessment for the local share of the costs of <br /> this project shall be frontage abutting the road at an equal rate per foot <br /> of frontage. <br /> 3. Orange County will assess the total local share according to * <br /> the basis set out in number 2 above which local share represents <br /> approximately thirty-four and two tenths percent (34.2%) of the total <br /> 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 roll is published, each owner of the property <br /> may pay his or her 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 /> A public hearing will be held at 7:30 o'clock p.m., on the 3rd <br /> day of June, 3985, in Hillsborough, North Carolina, the regular place of <br /> meeting of the Board of Commissioners of Orange County, North Carolina, <br /> in order to discuss all matters covered by the preliminary assessment <br /> resolution. <br /> -4- <br />