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Council closes assessment hearing for Chisholm Trail improvement; $4,500 per property assessment noted
Summary
Council held and closed the assessment hearing for the Chisholm Trail improvement project; staff said the project’s methodology applied the city’s assessment policy (appraisals, low-end 90% methodology) and resulted in a $4,500 assessment per affected property across 18 parcels after an overlay credit.
The Corcoran City Council conducted the assessment hearing for the Chisholm Trail improvement project and closed the hearing after no public testimony. Staff explained the assessments were calculated using the City of Corcoran’s assessment policy, which requires appraisals of affected properties and applies 90 percent of the low-end…
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