HomeMy WebLinkAbout2014-05-28 14-195 ORDERCOUNCIL ACTION
Item No. 14-195
Date: May 28, 2014
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 implement a special assessment of $55,000 on properties located in the
Bangor Center Development District. The proposed budget for the Bangor Center Management
Corporation/Downtown Bangor Partnership for the 2014-2015 Program is $101,000 and the City has
been requested to raise the amount of $55,000 from new implementation assessments on properties
located in the Bangor Center Development District. The remainder is a projected carry-over from 2014
of $4,000 and anticipated sponsorships and event revenue of $42,000. 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, 2014. This was published in the Bangor Daily News
on May 17, 2014 (attached). This assessment will be levied for a one-year program commencing on July
1, 2014 and ending on June 30, 2015. This item was reviewed and recommended for approval by the
Business & Economic Development Committee at its May 20, 2014 meeting.
Manager's Comments:
Associated Information:
BDN public hearing notice attached to CA
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Tanya Emery
Department Head
oa% on " /
City Manager
Finance Director
Page _of_
14-195
MAY 28, 2014
Assigned to Councilor Blanchette
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 $55,000 be assessed to fund the operation of the Bangor Center Development
District for the period beginning July 1, 2014 and ending on June 30, 2015; 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
ORDERED, THAT an overlay in the amount of $0.02 per $1,000 is herely assessed upon said
real property.
ORDERED, THAT said assessments shall be due and payable to the City of Bangor on or
before September 15, 2014 with interest to accrue at an annual rate of 7% from September 16,
2014 on all of said assessments remaining unpaid after September 16, 2014; 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
MAY 28, 2014
Motion made and seconded to
Public Hearing Opened,-;
Motion made and seconded to
Public Hearing Closed
Motion made and seconded for
Passed
CITY C
Open the Public Hearing
Close the Public Hearing
Passage