Loading...
HomeMy WebLinkAbout2013-06-10 13-201 ORDERCOUNCIL ACTION Item No. 13-201 Date: June 10, 2013 Item/Subject ORDER, Bangor Center Development District — Establishment of Implementation Assessments Responsible Department:. Community & Economic Development Commentary: PUBLIC HEARING - Prior to voting on the attached 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 authorize the implementation of special assessments in the amount of .53 per thousand of assessed value to support the Bangor Center Development District. The proposed budget for the Bangor Center Management Corporation/Downtown Bangor Partnership for the Fiscal Year 2013-2014 is $99,042. If approved, the assessment will generate $55,542 from properties located in the Bangor Center Development District. The remainder of the budget will be funded from a projected carry-over from 2013 of $4,000 and anticipated sponsorships and event revenue of $39,500. In accordance with States�t t the City has published a notice in the Bangor Daily News on May 30, 20131:` "�_ �; of this hearing as well as a description of the area affected by the assessment and the amount of .53 per thousand of assessed value. If approved, this assessment will be levied for a one- year period commencing on July 1, 2013 and ending on June 30, 2014. This item was reviewed and recommended for approval by the Business & Economic Development Committee at its June 4, 2013 meeting. Rosie Vanadestine Department Head Manager's Comments: City Manager Associated Information: BDN public hearing notice attached to CA Budget Approval: Legal Approval: Introduced for X Passage First Reading Referral FirfiErnce Director Page _of_ Solicitor 13-201 JUNE 10, 2013 Assigned to Councilor Baldacci CITY OF BANGOR (TITLE.) ORDER, Bangor Center Development District — Establishment of Implementation Assessments BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the sum of $55,542 be assessed to fund the operation of the Bangor Center Development District for the period beginning July 1, 2013 and ending on June 30, 2014; and be it further ORDERED, THAT said sum be assessed against properties in the Bangor Center Development District; and be it further ORDERED, THAT said assessments shall be due and payable to the City of Bangor on or before September 16, 2013 with interest to accrue at an annual rate of 7% from September 17, 2013 on all of said assessments remaining unpaid after September 17, 2013; 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. IN CITY COUNCIL June 10, 2013 Motion made and Seconded for Passage Passed ITY CL