HomeMy WebLinkAbout2003-06-09 03-204 ORDERItem No. 03206
Date: lune 9. 2003
Item/Subject: ORDER Establishing the Amount of the Tax Rate end Overlay for the
2004 Fiscal Year for the Bangor Center Development District
Responside Department: Community & Economic Development
Theauached Council Orderestablisbesmassessmentmteof$0.51,theasscesmentmmnced to
mise the $40,581 requested in fend the Bangor Center Management Corporation based on an estimated
Wind assessed value of District property of $99,5/0,600. It also establishes an overlay rate of $0.02 per
$1,000 ofvaluafion for a total assessment rate of$0.53 per $1,000 ofvaluation. flue into is unchanged
from FY 2003.
Manager's Comments(:�
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City Manager
Associated Information:
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flname Director
Int uced for
Passage
_ First Reading Page _ of
Referral
03-20b
Assigned tc Councilor W# lley, Jure 9, 2003
1 CITY OF BANGOR
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(TITLE.) Order, Establishing the Amount of the Tax Rate and Overlay for the 2004
Fiscal Year for flue Bangor Center Development District
By the Ory [Doxil of ine O'ty of Bangor.
ORDERED,
THAT all real property in the Bangor Center Development District, subjectm
taxation, shall be assessed at a rate of $0.51 per $1,000 of valuation; and be it further
ORDERBD, THAT on overlay in the amount of 0.02 per 51,000 is hombyassmed upon said
real Property. .
v
ORDER
(TRLE,) gatabliahing the Amount of the
Tat Mate and Overlay for the 2004 Pascal
Year far the Beggar Center De¢elap t
Bistrict
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