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CITY of ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO.3198 <br />11. <br />12. <br />13. <br />Prior t-o adoption of the assessment roll, the City Council <br />directed that all vacant lots less than 2 acres in area be <br />assessed the full unit amount rather than having said <br />assessment reduced as was done for developed lots in the <br />neighborhood, on the basis that the value of vacant <br />substandards lots increases substantially more than that of <br />developed lots as a result of the sewer project. <br />The property has been in single separate ownership of the <br />current owner since 1959. <br />It is highly likely that the lot area and width variances to <br />construct a residence on the property would have been <br />granted prior to the adoption of new Shoreland Regulations <br />in February 1992. <br />The assessment of a full unit principal amount of $18,880.00 <br />for the property would be an unfair burden to the property <br />owner on the basis that as a lot in single separate <br />ownership it likely would have been allowed to be developed <br />with a single family residence as recently as six months <br />prior to adoption of the assessment roll, and therefore the <br />benefit to the property is no greater than the $11,400.00 <br />benefit to other developed lots in the neighborhood. <br />NOW, THEREFORE, BE IT RESOLVED that the Stubbs Bay s^itary <br />sewer assessment roll adopted per Resolution <br />amended to revise the principal assessment amount for the property <br />from $18,880.00 to $11,400.00. <br />Adopted by the City Council this 9th day of November, 1992. <br />14. <br />llin,'City Clerk Barbara A. Peterson, Mayor <br />Page 3 of 4