HomeMy WebLinkAbout2006-05-22 06-191 ORDERItem No. UB 191
Date: May 2Z 2066
Stem/Subject ORDER, Bangor Center Development DisMct— Establishment of
Implementation Assessments
Responsible Department: Community 6 Economic Development
NEARING- Prior to voting on the attached Order, the City Council is required to hold a Public
Hearing on Ne establishment of Implementation assessments for the Bangor Center Development
District.
Prior N this hearing, the Cry 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, 2006. This was published in the Bangor Daily News on May 12, 2006. This
assessment will be levied for a one-year program commencing on July 1, 2006 and ending on June 30,
2007.
The proposed budget for the Bangor Center Management Coryardtion for the 2006-2007 Program is
$58,760 and the City has been requested to raise the amount of $48,760 from new implementation
assessments on properties located in the Bangor Center Development DbAnct. The remainder M a
projected carry-over from 2006 of $10,000.
Department Head
Manager's Comments:
This has been reviewed and Is recommended by the Business and Economic Development Committtee.
d�iL4ga
City Manager
Associated Information:
Finance Director
Legal Approval:
Ciry Solicitor'
X Passage
_Feet Reading - Page_of_
Referral
06 191
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CITY OF BANGOR
(=E.) ORDER, Bangor Center Development District - Establishment of
Imprementation Assessments
BE rr ORDERED BY THE CRY COMM OF THE CITY OF BANGOR TNAT
the sum of $98,760 be assessed to fund the operation of the Bangor Center Development
District for the period beginning July 1, 2006 and ending on lune 30, 2007; and be It further
ORDERED, THAT said sum be assessed against properties in the Bangor Center Development
Dishict; and be It further
ORDERED, THAT mid assessments shall be due and payable ro the City of Bangor on or before
September 15, 2006 with interest to a=e at an annual rate of 11% from September 16, 2006
on all of mid assessments remaining unpaid after September 16, 2006; and be R further
ORDERED, THAT assessments be hereby committetl to the Tax Collector of the City of Bangor
for collection in accordance with the authority established under 30-A H.R.S.A. § 5228; and be
R further
ORDERED, THAT mid Tax Collector is hereby authorized and directed m take all necessary
action far the collection of mid assessmems as may be proAded by law.
IP CITY COUNCIL
Mar 22, 2006
Notion Made and Secaoded
to Open the Public Nearing
Public Nearing Opened
No Due from the public
Cue fomard
Motion Ends and seconded
to Close the Public Nearing
Public Hearing Closed
Notion Mode and Seconded
P's
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ORDER
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