Orange County NC Website
OA <br /> 3. Orange County will assess the total local share according to the <br /> basis set out in number 2 above which local share represents approximately forty <br /> percent (40%) 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 may <br /> pay his assessment in full. <br /> b. Any assessment not paid in full as provided above shall be <br /> paid in 5 equal annual installments with the first such installment, <br /> with interest, due when 1982 property taxes are due, and the <br /> remaining installments, with interest, due on the same date in <br /> each successive year until the assessment is paid in full. <br /> IT IS FURTHER RESOLVED AND ORDERED that: <br /> The total project cost and the amount to be financed and assessed by <br /> Orange County is $37,364.64, as follows: <br /> construction cost $36,674.00 <br /> legal services $500,00 <br /> interest paid during construction $-0- <br /> right-of-way costs and expenses $-9- <br /> publication and mailing costs $190.64 <br /> Total project cost $37,364.64 <br /> The County Manager is hereby directed to prepare a preliminary <br /> assessment roll which roll shall contain a tax description of each lot, parcel or <br /> tract of land assessed, the basis for the assessment, the amount assessed against <br />