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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 WeRM iIAd.Cf: ME IF then C4 A �iaonrmenu,mBIN" n 1, 111 nv w pu`m�a`m °e°eo�e^°m'sIm%wmw ne or Hi s:�wmmdid nneaw CM Hid, a Mi Rew e NNNi I, ii Mi in My one Ydn M53 per Beni �wZ mwrvnewdened m a��m end the se Baryw14T intimi is weiaw surexw Ii usma Ionnimn sua eemw.hii lebee Nei �Nizwn I i