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JTAL LOCAL SHARE: $10,514.01 <br /> OTAL FRONTAGE: 2452.92 <br /> ASSESSMENT RATE; 4.2864/FOOT <br /> 002 <br /> PRELIMINARY ASSESSMENT ROLL IN CONJUNCTION WITH <br /> THE FINANCING AND ASSESSING BY <br /> ORANGE COUNTY OF THE LOCAL SHARE OF THE <br /> COST OF PAVING NORTH CAROLINA STATE ROAD #1195, <br /> ALSO KNOWN AS MEADOW LANE, <br /> IN CHAPEL HILL TOWNSHIP, <br /> ORANGE COUNTY, NORTH CAROLINA <br /> The property described below, the names of the owners of <br /> said property, the assessment levied against each parcel of <br /> property, the basis for the assessment levied against said parcel <br /> and the terms of payment of the assessment all set forth below, <br /> together with tax maps of the project, constitute the Assessment <br /> Roll for the paving of North Carolina State Road #1195, also known <br /> as Meadow Lane, in Chapel Hill Township, Orange County, North <br /> Carolina. <br /> BASIS FOR ASSESSMENT <br /> The basis for assessment against the property described <br /> below is frontage abutting the road at an equal rate per foot of <br /> frontage which represents the total local share of the cost of <br /> this project. <br /> TERMS OF PAYMENT OF ASSESSMENT <br /> A. Within thirty (30) days after notice of the <br /> Confirmation of Assessment Roll is published, each owner of <br /> assessed property may pay his or her assessment in full without <br /> interest. <br /> B. Any assessment not paid in full as provided above shall <br /> be paid in five (5) equal annual installments with the first such <br /> installment, with interest, due sixty (60) days after the date <br />