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HomeMy WebLinkAbout2005-05-23 05-172 ORDERItem No. os -J)2
Date: May 23. 2005
Item/Subject: ORDER Bangor Center Development District - Establishment
of Implementation Assessments
Responsible Department Community R Eoonomlc Development
Commentary:
HEARING - Pnor m voting on the attached Order, the City Council is required to hold a Public
Hearing on the establishment of implemeutatiou assessments for the Bangor Center Development
Distinct
Prior m thia hearing the City has fulfilled esteneive Actuary notice requvmams, including publication of a
desorption of the area affected and the mmhnum ram ofwasessent of $0.53 per thousand dollars of assessed value
as of April 1, 2005. This was published in the Bangor Daily News an May 13, 2005. This assessment will be levied
for aone-year programwrmmenang en July 1, 2005 and ending an Jane 30,20M
The proposed budge for the Bangor Center Management Coryoretion for the 20052006 Yrogmm is
$56,814 and the City has been requesledto raise the mount of $46,314 Gam new implementation nsuse ne to an
pmpaa iw located in the Banger Center Development District The reminder is aprojected cony-ovor five
2004-2005 of$10,000, and budgemd revenues of $2,500,
�1 ar[men end
Budget Appraisal:
Finance Director
MIw
.
Int ced for
Passage
_ First Reading page _ of
Referral
05-172
e,
Assigned! to Councilor Allen, May 23, 2005
CITY OF BANGOR
(TfTLE.)Otdw, Bangor Center Development District - Establishment
ofhnplemmmtio¢Assessmevts
ey me 6111'Couricyof lee 6H ofBenga:
ORDERED,
THAT the sum of $46,314 be assessed in fund the operation of the Bangor Center
Development District for the period beginning July 1, 2005 and ending on June 30, 2006; and be
it lu hef
ORDERED, THAT said sum be assessed againar properties in the Bangor Center Development
District; and be it further
ORDERED, THAT said assessments shall be due and payable an the City of Bangor an or before
September 15, 2005 with interest to accrue at an annual rate of 7.75%Bom September 16, 2005
on all of said assessments remaining unpaid after September 16, 2005; and be it birder
ORDERED, THAT assessmems be hereby committed to the Tax Collector of the City ofBaagor
for collection in accordance with the authority established under 30.A M.R.S.A. 4522 g; and be
it Rather
ORDERED, THAT said Tax Collector is hereby audwriced and directed to mice all necessary
action for the collection of said assessments as may be provided by law.
IN_CTTI COUNCIL
My 23. 2005
Mtioa Mde and Seconded
for Passage
Passed �,^. p
... Dim CITI LT.EgN
A 05-U2
O NONN
YmTILE)) M�un Crater govenlopoent District
Assigned to Councilor 066
angor My News, Friday, May 13, 2005, C13
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