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approximately twenty-three and two tenths percent (23.2%) 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 12th <br /> day of June, 1985, in the Courtroom of the old Post Office, Chapel Hill, <br /> North Carolina, the regular place of meeting of the Board of <br /> Commissioners of Orange County, North Carolina, in order to discuss all <br /> matters covered by the preliminary assessment resolution. <br /> At the time and place above stated any resident of Orange <br /> County or any other interested person may appear and be heard. <br /> This the 3rd day of June, 1985. <br /> BEVERLY BLYTHE, <br /> Clerk to the Board of Commissioners for <br /> Orange County, North Carolina <br /> -4- <br />