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Assessed Parcels <br />Financing Assessments <br />•One time assessment notice sent in May 2018 <br />•Assessments paid over 15 year period <br />Option Deadline <br />1. Pay-off full assessment November 30, 2018 (1st year) <br />to avoid interest November 14 (every year after) <br />2. Partial payment November 1, 2018 (1st year) <br />3. Apply directly to Property Tax Automatic if above options are not exercised <br />If applied to taxes… 15 year payback 2% over the true interest cost (not known until bonds are sold) <br />26