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HomeMy WebLinkAbout1992-06-08 92-309 ORDER3� Date Tun, 1 1992 Ilam No. 92 30 Establishing the Amount of the max Rate and hem/Sublecn Overlay for the 1993 Fiscal Year for the Bangor Center Development District Responsible Department: Community and Economic Development Commentary: The attached Council Order establishes an assessment rate of $0.4865, the assessment rate needed to raise the $43,000 requested to fund the Bangor Center panagement Corporation based $88estimated total assessed value of District property of ,391,500. It also establishes an overlay rate of $0.0235 per $1,000 of valuation for a total assessment rate of $0.5100 per $1,000 of valuation. F' - Depar[�p nt seed M�,aA^nager'ssCC�onserneents::Ap '-a, Issas,^, T1t7e �X h Avocismd Information: Q Budget Approval: Fisurce Dweto, Legal Approval: Ery sol;a;twVU inn...yyyyyroduced For Passage L First Reading No of ❑Referral Aeeipied to Council« Stone June 8,1992 92 30'j CITY OF BANGOR (TITh, /p� sst bl.1shing the Amount of. the Tax Rate. and Overlay WWr _............ . _..... fox th 1993 B£acal Yeax for the Bangor Center Davelopment District .__.__ _..... _...... ..__..._ By aha 04 Comeau of die My Of Rana«: ORDERED, THAT all seal property in the Bangor Centex Development District, subject to taxation, shall be assessed at a rate of $0.4865 per $1,000 of valuation; and be it further ORDERED, THAT an Overlay in the amount of $0.0235 per $1,000 is hereby assessed upon said reel property. 9R-309 ORDER Ix CITY COUNCiL June 8, 1993 Title, itle. .6s44b1iB4i46.Lb€.an4V94.4#.44€.T.4x.a9ce CITY CI'8RR aad Overlay for the 1993 fiscalyear for the .644695.9€�9L�?F�. P�e�ye®ly/per/me4q Oiatict, ,,,. A-a®gaedm Councilman