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Fraser council affirms industrial park special-assessment roll and moves to seek bonds after lengthy public hearing

5772700 · January 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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