Loading...
HomeMy WebLinkAbout2025-05-28 25-185 OrderCITY COUNCIL ACTION Council Meeting Date: 05/28/2025 Item No: 25-185 Responsible Dept: Community & Economic Development Requested Action: Order Title, Order Bangor Center Development District - Establishment of Implementation Assessments Map/Lot: N/A Summary PUBLIC HEARING: In accordance with MRSA Title 30-A Section 5228, the City has fulfilled extensive statutory notice requirements, including publication of a description of the area affected and the maximum rate of assessment per thousand dollars of assessed value as of April 1, 2025. This was published in the Bangor Daily News. The Downtown Bangor Partnership has requested a $.07 increase, increasing their revenue by $26,556. If approved, the assessment rate will be $0.70 per thousand dollars of assessed valuation for the Bangor Center Development District and $0.02 per thousand dollars of assessed valuation for the overlay. In total, the special assessment will raise approximately $265,566 on properties located in the Bangor Center Development District. The proposed budget for the Bangor Center Management Corporation/Downtown Bangor Partnership for the 2025-2026 Program is $601,062. Anticipated additional revenues include requested Downtown TIF funds in the amount of $230,000 for the services from StreetPlus and $43,746 for administrative support. In addition, the Partnership anticipates $61,750 from sponsorships, events and marketing. Committee Action Committee: Council Workshop Meeting Date: 05/07/2025 Action: Recommend for passage For: Against: Staff Comments & Approvals Attachment - Public Hearing Notice published in the Bangor Daily News. City Manager Introduced for: New Business P v City Solicitor Finance Director CITY OF BANGOR ORDER Date: 05/28/2025 Item No: 25-185 Assigned to Councilor: Tremble Bangor Center Development District - Establishment of Implementation Assessments Be it Ordered by the City Council of the City of Bangor that, the sum of $265,566 be assessed to fund the operation of the Bangor Center Development District for the period beginning July 1, 2025 and ending on June 30, 2026; 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 $0.70 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 OREDERED, THAT said assessments shall be due and payable to the City of Bangor on or before September 15, 2025 with interest to accrue at an annual rate of 7.5% from September 16, 2025 on all of the said assessment remaining unpaid after September 16, 2025; and be it further ORDERED, THAT assessment be hereby committed to the Tax Collector of the City of Bangor for collection in accordance with the authority established under 30-A MRSA Section 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. IN CITY COUNCIL MAY 28, 2025 CO-185 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 Passed �����:,w�,��° '" .�� ��°,„�,��"���,°��*°.������ �� CITY CLERK