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HomeMy WebLinkAbout2001-06-11 01-244 ORDERItem No. 01-244_ Date: June It. 2001 Item/Subject: ORDER Bangor Center Development District - Establishment of Implementation Assessments Responsible Department: Community& Economic Development HFARINQ - Prior to voting on the attzcbnd Order, the City Council is terminad an hold a Public Hearing on the establuhmvu of implementation assessments for the Bangor Center Development District. Prior to mis hearing the City las fulfilled extensive starmary notice requiremenu, including publication of a description of use area affected and We maximum mm of assessment of $0.53 per nuousand dollars of assessed value as of April 1, 2001. This was published in the Bangor Daily News on luxe 1, 20(1. This assessment will be levied for a one-year program comxkncing on July I, 20D1 and ending on lure 30, 2002. The proposed budget for the Bangor Center Management Corporation for the 2001-Z Program is $54,437 and the City has been requested to raise the amount mf $41,5r from new implementation asseeemmo oa ptopenies turned in me Bangor Center Development District. The remainder is a projected carry-over from 2000.2001 of $12,000, and budgeted revenues of $840. Departneare Head Manager'a Comments: 4L City Manager Associated In ormatlon: Oma l I Budget Approval: Finance Director Legal Approval: Sdidtar I tluoetl for Passage _ First Reatliug Page _ of Referral Assigned to Cmmcilor eslaeccr Jane 11, 2001 CITY OF BANGOR 51111 (TITLE.) Order, Bangor Center Development District - Establishment of Eaplemenmtion Assessments Sy the O"(y Cau"aofthe Cfyoflknproa ORDERED; THAT the soon of $41,597 be assessed to fund the operation of the Bangor Center Development District for the period beginning July 1, 2001 and ending on June 30, 2002; and be it further ORDERED, THAT said sum be assessed against properties in the Bangor Center Development District; and be it lurcher ORDERED, THAT said asseasmenu sheH be due and payable to the City Of Bangor on or before September 14, 2001 with interest m amore at an annual rare of 11.5% from September 17, 2001 on a0 of said assessmelas remaining unpaid after September 17, 2001; and be it further ORDERED, THAT assessments he hereby committed m the Tax Collector of the City of Bangor for collection in accordance with the authority established under 30-A M.R.S.A. § 5255(5); and be it further ORDERED, THAT said Tax Collmtor is hereby authorized and directed to tale all necessary action for the collection of said assammenm as may be provided by law. 7c1�Dmcm Jane 11, 2001 Matfoa Dade and seconded to Open Public Hearing. Public Dearing Opened. D6 one fr® the Public Spoke. Motion Made and Seconded to Class Public Hearing. Public Dearing Closed Motion Made and Seconded for Passage Passed n ORDER (TITLE,) Danger Center Development District - Esteblielaemc of ID emestatiam Assesamnts BAIi00R DAdY N@WS. PAmAR JUN61.9Tt '®ma.oa "le almmi CPS ME