HomeMy WebLinkAbout1999-05-24 99-200 ORDER99-200
COUNCIL ACTION
Date May 29 1999 Item No.
Item/Sub] ect: Establishing the Amouut of the Tax Rate and Overlay for the 2000 Fiscal
Year for the Bangor Carter Development District
Responsible Department: Community & Economic Development
The studied Council Order establishes an assessment rate of $0.51, the assessment ram
neededm raise We $11,0'/1 requested m fundthe Bangor Center Management Corporation based
on an estimated said assessed value of District property of$T/,492,0W. It also entablisbes an
overRy rate of $0.02 per $1,000 of valuation for a total assessment rate of $0.53 per $1,000 of
valuation. TTis rate Is uncharged from FY g9.
Manager,a Comments:
Associated 2nformation: Q
Budget
Approval:
Finance
Director
/1
r..
x Passage
First Reading
Referral Page — of
99-200
AxsAped to Councilor a leu May 24, 1999
pp CITY OF BANGOR
(TITLE.) (Dr�ltTy lung the Amount of tle Tax Rete and Overlay for the 2000
Pisral Year for the_Bavgor Cevter Development Dismet
By My Couuil of as Oft a/B4WM:
ORDERED,
TMTall real property in the Bangor Center Development District, subject to taxation,
shall be assessed at a rate of $0 51 per $1,000 of valuation; and be it fuller
ORDP D, THAT an overlay in the amount of $0.02 per $1,000 is hereby assessed upon said
real property.
IN CRR 191 m
May 26, 1999
Mtioo for Passage X and Seconded
Pawed
cP
99-200
0R DEN
Title, Establishing the Pmount of the
Tax Rate and Werlay for the 2000
Fiscal. Year for the Bangor Center
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Councilman