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HomeMy WebLinkAbout2020-06-08 20-186 Order 06/08/202020-186 06/08/2020 20-186 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. 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 total, the special assessment will raise approximately $76,580 on properties located in the Bangor Center Development District. The proposed budget for the Bangor Center Management Corporation/Downtown Bangor Partnership for the 2020-2021 Program is $89,580. Anticipated revenues include $76,580 from special assessments on properties located in the Bangor Center Development District and $13,000 from sponsorships. 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, 2020. This was published in the Bangor Daily News on May 27, 2020 (attached). This assessment will be levied for a one-year program commencing on July 1, 2020 and ending on June 30, 2021. Attachment: BDN Public Hearing Notice New Business 06/08/202020-186 CITY OF BANGOR ORDER 06/08/2020 20-186 Hawes Bangor Center Development District - Establishment of Implementation Assessments Be it Ordered by the City Council of the City of Bangor that, the sum of $76,580 be assessed to fund the operation of the Bangor Center Development District for the period beginning July 1, 2020 and ending on June 30, 2021; 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 15, 2020 with interest to accrue at an annual rate of 8% from September 16, 2020 on all of said assessments remaining unpaid after September 16, 2020; 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. nw weanesaay,.May, 2t, 2020 Bangor Dally News 20-186 JUNE 8. 2020 IN CITY COUNCIL JUNE 8,2020 CO 20-186 Motion made and seconded to Open Public Hearing Public Hearing Opened No Comment Motion made and seconded to Close Public Hearing Public Hearing Closed Motion made and seconded for Passage Vote: 9—0 Councilors Voting Yes: Fournier,Hawes,Nichols, Okafor, Schaefer, Sprague, Supica,Tremble,Davitt Councilors Voting No: None Passed CIT CLE