Mann Road LUD No. 31 – Assessment Roll Hearing

Starts Tuesday, October 25, 2016 at 5:00 PM

Ends Tuesday, October 25, 2016 at 6:00 PM

1, Call Hearing to Order
2. Greetings and Introductions
3. Description of Hearing Process - Commission President, Al Littlefield
4. Mann Road LUD No. 31 Background/Assessment Roll

a. Explanation of the Project and Assessment Roll – Chris Shaff, Planning Engineer
Assessed Cost: $269,795.99

5 assessments @ $23,026.69
7 assessments @ $19,188.90
1 assessment @ $23,340.24

b. Explanation of Options for Payment – Mark Handzlik, Interim Engineering Manager

1. Within 30 days of first publication of Treasurer’s Notice of Collection, those assessed can pay the entire assessment or any portion of assessment without interest.

2. Annual payments on balance due, estimated term 20 years. First payment due approximately December 14, 2017. Those being assessed will be officially notified upon adoption of the assessment roll. The estimated rate of interest is 3.5% on principal.

Late penalty if not paid within 30 days of due date: 12% interest on the installment plus estimated 3.5% delinquent interest on late installment.

c. Special Benefit Determination – Jim Dodge, Valbridge Property Advisors

5. Protests – None Filed as of 10/22 (will update on 10/25)
6. Motion to Close Hearing - Adjournment

Mann Road LUD No. 31 Assessment Roll Hearing Agenda>