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CC PACKET 04262022
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CC PACKET 04262022
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4/22/2022 9:10:00 AM
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4/22/2022 9:08:48 AM
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4/18/2022 <br />7 <br />Assessments – Mill and Overlay <br />Assessments <br />•Street Reconstruction Assessments - paid over 15-Yr Period <br />•Mill and Overlay Assessments – paid over 10-Yr period <br />•Interest rate determined at time of bond sale <br />14 <br />Option Deadline <br />1. Pay-off full assessment to avoid interest - November 30, 2022 <br />- November 14 (every year after) <br />2. Partial Payment - November 1 <br />3. Apply directly to Property Tax -Automatic if options above are not <br />exercised <br />- 2% over true interest cost <br />24
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