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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(:� �CebnhM1�I�aCel*saesp 64101 U.?AU {0 City Manager Associated Information: Eoaa9/ZRd 2� 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 �.e (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 ' �`Ih