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HomeMy WebLinkAbout2007-06-11 07-215 ORDERI Pl% 07 215 Date: Jane n, 2007 Item/Subject: ORDER, Establishment of Implementation Assessments — Bangor Center Development District Responsible Department: Community & Economic Development �mmentary: HEARING -Prior to voting on the attached Order, the city Council Is required to hold a Public Hearing on establishing implementation assam ments for the Bangor Center Development District. Prior to this hearing, the City has fulfilled e#enslve sum ory room 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 Aprll 1, 2007. This was published In the Bangor Daily Neys on May 18, 2007. This assessment will be Wed for a one-year program commencing on July 1, 2007 and ending on June 30, 2008. The proposed budget for the Bangor Center Management Corporation for the 2007-2008 Program Is $66,199, and the City has been requested to raise the amount of $99,296 from nany implementation assessments on properties located In the Bangor Center Development District. The remainder Is a Projected! tarty -over from 2007 of $16,903. Department Head This has leen reviewed and is recommended by the Business and Economic Development Commlttee. duxj1 City Manager Associated InfermaDOe: Notice &ceDi C Solicitor X Passage _ First Reading Page _ of _ Referral 07 210 /i gnodt9CouMilor Ra . June 11, 2007 CITY OF BANGOR (TITLE.) ORDER, Bangor Center Development District — Establishment of Imp emendation AssassinaMs BE 11 ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGORTHAT the sum of $49,296 be assessed to fund the operation of the Bangor Center Development District for the period beginning July 1, 2007 and ending on lune 30, 2008; and BE IT FURTHER ORDERED TMT 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 17, 2007 with interest to acme at an annual rate of 12% from September 18, 2007 on all of said assessments remaining unpaid after September 18, 2007; 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. 4 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. a Giv CODDCIL I 1 June 11, 2001 1 j lbtlon Made and Seconded to Open Public Dearing M O)-:235 Peblic Deang Opened No one from the Public Cmc ORDER forward Motion Made and Seconded to (l•PILBJ ➢iatric[ Close Public Dearing Public Dearing Closed Establishment of Inplemmtion eamte intron Mede and Secoodea fo iPasasge CI1R CLERK AmigoN bCountllor ' �I 67 *215