Orange County NC Website
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O2E <br /> per foot 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 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 $ as follows: <br /> Local Costs <br /> Total To Be Financed <br /> Costs By Orange County <br /> construction cost $48,000.00 $15,800.00 <br /> legal services 500.00 500.00 <br /> publication costs 80.00 80.00 <br /> mailing and other 289.32 289.32 <br /> Total project cost $48,869.32 $16,669.32 <br /> -2- <br /> 44040),Vt"4- <br /> '40* <br />