HomeMy WebLinkAbout1992-06-22 92-332 ORDERData .Tune 9. 1992 Item No. A 2.__33 2
Amendment to Council Order 92-308
Item/Subject: Bangor Center Development District - Establishment
of Implementation Assessments
Responsible Department: Community S Economic Development
Commentary:
This amendment to Council Order 92-308 passed on June 8,
1992 corrects the interest rate on unpaid assessments to the
maximum State approved rate of 108 per annum; changes the date
by which special assessment payments are due to coincide with
the date the first half of Municipal Year 1993 property taxes
are due, which is September 1, 1992; and changes the date from
which interest begins to accrue on unpaid special'esssments to
coincide with the date interest begins to accrue on unpaid first
half of Municipal Year 1993 property taxes, which is September
2, 1992.
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Budget Approval:yf
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Legal Approval:
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Introduced For
Q Passage
First Reading Pap _of_
❑ Referral
Anipmd to CamaOm Bra68, Jame 22. 1992
CITY OF BANGOR
(TITLE.) (Orber,....._�°e6�t to 1. Council Order 92-308
Bangor Center Development District - Establishment
of Implementation Asseesmante
By W MY CMMU of W My ofDuxpn:
ORDRREA
THAT the third paragraph of Council order 92-300 passed on
Tune 8, 1992 be amended as follows;
ORDERED, THAT said assessments shall be due and
payable to the City of Bangor on or before Augesi-}r_}99d September
1. 192 with interest to a ata annual rate of 12} 2 from
August_1.,_19W Sentember 201992 o all of said assessments
remaining unpaid after September 1,1 1992; and be It further
Additions are indicated by underline; deletions by
atsikaast.
In City council June 22,1992
Passed
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City Clerk
92 332
ORDER
Title
to Council Order 92-300
DanCor Center Development District
......................................
EstabVs)omant of Implementation
Assessm6Bta.
......................................
a�6.Ibm'
maned to
councilmen
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