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Fraser council affirms industrial park special-assessment roll and moves to seek bonds after lengthy public hearing
Summary
After a public hearing with multiple property owners protesting assessment calculations, the Fraser City Council adopted a resolution affirming the industrial roads special-assessment tax roll and approved a separate resolution to begin the bond-issuance process to fund the project.
Fraser City Council on the meeting record affirmed the industrial park special-assessment tax roll and authorized steps toward issuing bonds to pay for reconstruction of the industrial-park roads, after a lengthy public hearing in which multiple property owners raised concerns about how assessments were calculated.
The council voted 6–1 to adopt the resolution affirming the assessment roll. Council later approved a separate intent-to-issue-bonds resolution to begin the public notice and referendum period required under state law; that notice sets a not-to-exceed bonding ceiling of $9 million and starts a 45-day period for potential petitions. If no referendum is filed, the city will return for formal bond authorization after bids are received.
Why it matters: the city and property owners are using a mix of state funds, city funds and a special-assessment program to replace and upgrade roads, drainage and sewer systems across the industrial park. Council and city staff said the combined project will be staged over two…
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