Laserfiche WebLink
agreement with the de eloper providing a maximum assessment <br />period of S years, wit 1 assessments against individual lots <br />to be paid off prior to sate of such lot and/or prior to issuance of <br />a certificate of occupancy for such lot. <br />e) Assessments levied for any hazardous building proceeding, <br />noxious weed cutting, diseased tree removal or any other work <br />performed by the City on private property shall be normally <br />collected in one installment. <br />13. Publicly -owned Property. Publicly owned property including <br />property owned by the City located within an improvement project area <br />will be included in calculation of every assessment formula as if the <br />property were privately owned: <br />a) For City -owned property, that portion of the project cost which <br />would have been assessed against such property shall be paid from <br />general revenues to the project account in a lump sum or on an <br />annual basis over the duration of the assessment period. <br />b) For property owned by any other governmental agency, that porti,3n <br />of the project cost which would have been assessed against such <br />property shall be billed directly to said agei;cy. <br />c) For property held by the State as tax -forfeited property, the <br />assessment shal 1 be adopted and levied as part of the assessment <br />roll in the normal fashion, and the principal and interest shall <br />be collected on sale of the land or at the time a building permit is <br />issued as setfort') in policy #10 above. <br />14. Abatement of Assessments. Once levied, the City is under no <br />obligation to abate, reduce or refund any special assessment or any <br />portion thereof, even if subsequent changes are made in zoning <br />regulations or if eventual developed use is less than the unit density <br />originally assessed. however, the City Coun(.'i 1 will look favorably <br />on abating the unpaid portion of any excess "unit" assessment upon <br />application of the owner as follows: <br />a) only "unit" assessments will be abated, not area or frontage <br />assessments. <br />b) Only the remaining unpaid portion will be abated. There will be <br />no refund of amounts already due or paid. <br />c) In the case of lots owned in common, the Council may abdLk- <br />assessments in excess of one whole unit provided the o% <br />legally combines for tax and zoning purposes all common ly-ownt.. <br />lots into one buildable parcel. <br />II. Dag IN&VION C'F FORMULA UNITS <br />15. Residential Squivalent Connection units (REC). A "unit" for <br />pr+_^vses of calculating assrss�_mnt formulas shall mean the equivalent <br />page 6 of 15 <br />