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Rolla council approves Highlands CID and multiple city contracts, awards construction bids
Summary
At its April meeting, the Rolla City Council approved formation of the Highlands Community Improvement District and adopted ordinances awarding engineering and construction contracts for traffic signals, streets, stormwater and the animal shelter; council also accepted a federal grant for a fire department vehicle.
The Rolla City Council on first/final readings approved a suite of ordinances and contract awards on infrastructure and development, including formation of the Highlands Community Improvement District (CID) and professional and construction contracts for signal work, asphalt paving, stormwater repair and animal shelter construction.
The council approved the Highlands CID petition, a financing district tied to the McBride Highlands subdivision off Highway 72, that staff said would support roughly $10 million in development with a $3.4 million CID assessment assessed to new homes. John, city staff member, told the council the CID assessment on new homes could range "from $500 to $800 per year in addition to the taxes that they'll pay." The ordinance cites Sections 67.1401 through 67.1571 of the Revised Statutes of Missouri as the legal basis for forming a CID.
Why it matters: the CID creates a mechanism to place a special assessment on new lots within the Highlands subdivision to fund infrastructure associated with that development. The council's action authorizes the district…
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