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Board authorizes manager to offer deferred special assessment to extend utilities to Manitowoc Road
Summary
Trustees authorized the village manager to offer Gem Family LLC a deferred special assessment (10 years, 0% interest, not to exceed $350,000) to fund an estimated $330,000 extension of water and sanitary service that would also help serve Farmers Field and support infill development.
The Village of Harrison authorized the village manager to negotiate terms with Gem Family LLC (parcel 33528) to offer a deferred special assessment to fund a planned extension of water and sanitary utilities toward Manitowoc Road.
Staff said the extension would cost an estimated $300,000–$330,000 to bring utilities to the back side of Farmers Field and to provide infrastructure that could support infill development. Rather than installing a standalone well and septic for the park, staff argued extending municipal utilities would be a longer-term investment for future use. The manager recommended using special assessments and possibly deferring assessments until development or transfer of the parcel.
Trustee Matt moved to authorize an offer of a deferred special assessment for up to $350,000 at 0% interest with repayment due in up to 10 years or upon development/transfer, whichever occurs first. The board passed the motion after staff confirmed the village could structure deferred assessments and that they would not automatically be placed on the tax roll unless invoiced and unpaid.
Staff said if the board approves further implementation, the village would work with the utility engineer on special-assessment terms and possible developer agreements to allocate costs fairly across benefitting properties. The vote lets staff begin detailed negotiations and confirm engineering and financing terms before returning to the board.
