HomeMy WebLinkAbout1993-06-14 93-314 ORDERvfl
hen June'7,, 1993 Item No. 93-314
Establishing the Amount of the Tax Rate and
Item/Subject: Overlay for the 1994 Fiscal Year for the Bangor
Center Development District
Responsible Department. Community and Economic Development
Commentary:
The attached Council Order establishes anassessment rate of
$0.5051, the assessment rate needed to raise the
requested to fund the Bangor Center Management Corporation based
on an estimated total assessed value of District property of
$85,133,900. It also establishes an overlay rate of $0.0249 per
$1,000 of valuation for a total assessment rate of $0.5300 per
$1,000 of valuation.
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Maneri Comments:
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Associated Information: QAJK
Dentist Approval:
Finance DiMnor
Legal Approval:
Cary Swkirvr
Introduced For
O Fefsage
First Reading Page—ofto —
Referral
93-314'
Aeeipped to Counedor Saxl, June 14, 1993
CITY OF BANGOR
RRW mrO i, Establishing the Amount of the Tax Rate and Overlay
for the 1994 Fiscal Year for the Bangor Center Development District
BY Am OUF cuuaeH o7 Bu City of Dawn,
ORDERED,
THAT all real property in the Bangor Center Development
District, subject to taxation, shall be assessed at a rate of
$0.5051 per $1,000 of valuation; and be it further
ORDERED, THAT an Overlay in the amount of 90.0249
per $1,000 is hereby assessed upon said real property.
s
93-314
IN CITY COUNCIL D RDE R
June 14, 1993 Title
PrI r EstablleM1inf iM1e A p.t of tM1e Tax
CITY CL and Overlay for the 1994 Fiscal Year for
the Bangor Center Development District.
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........ Aeeipmd to
Cowtflman