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HomeMy WebLinkAbout2019-06-10 19-245 Order 06/10/201919-245 06/10/2019 19-245 Community & Economic Development Order N/A Title, Order Bangor Center Development District - Establishment of Implementation Assessments PUBLIC HEARING - Prior to voting on this Order, the City Council is required to hold a Public Hearing on the establishment of implementation assessments for the Bangor Center Development District. Approval of this Order will implement a special assessment of $74,762 on properties located in the Bangor Center Development District. The proposed budget for the Bangor Center Management Corporation/Downtown Bangor Partnership for the 2019-2020 Program is $104,762 and the City has been requested to raise the amount of $74,762 from new implementation assessments on properties located in the Bangor Center Development District. The remaining $30,000 is anticipated sponsorships and carry over. If approved, this Order will implement an assessment of $0.51 per thousand dollars of assessed valuation for the Bangor Center Development District and $.02 per thousand dollars of assessed valuation for the overlay. In accordance with MRSA Title 30-A §5228, the City has fulfilled extensive statutory notice requirements, including publication of a description of the area affected and the maximum rate of assessment of $0.53 per thousand dollars of assessed value as of April 1, 2019. This was published in the Bangor Daily News on May 30, 2019 (attached). This assessment will be levied for a one-year program commencing on July 1, 2019 and ending on June 30, 2020. Attachment: BDN Public Hearing Notice New Business 06/10/201919-245 CITY OF BANGOR ORDER 06/10/2019 19-245 Weston Bangor Center Development District - Establishment of Implementation Assessments Be it Ordered by the City Council of the City of Bangor that, the sum of $74,762 be assessed to fund the operation of the Bangor Center Development District for the period beginning July 1, 2019 and ending on June 30, 2020; and be it further ORDERED, THAT all real property in the Bangor Center Development District, subject to taxation, shall be assessed at a rate of $0.51 per $1,000 of valuation; and be it further ORDERED, THAT an overlay in the amount of $0.02 per $1,000 is hereby assessed upon said real property; and be it further ORDERED, THAT said assessments shall be due and payable to the City of Bangor on or before September 16, 2019 with interest to accrue at an annual rate of 9% from September 17, 2019 on all of said assessments remaining unpaid after September 17, 2019; and be it further ORDERED, THAT assessments be hereby committed to the Tax Collector of the City of Bangor for collection in accordance with the authority established under 30-A M.R.S.A. § 5228; and be it further ORDERED, THAT said Tax Collector is hereby authorized and directed to take all necessary action for the collection of said assessments as may be provided by law. z z 11.741 x x P w w 0 O U O O O A A A z z z A w wow urn No (7` z U z U z A a E.. -' , O ,.., O ,.., O , 1 U