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Commission confirms special assessment roll for South Eden water-main laterals
Summary
A public hearing closed with no public comment and the commission confirmed Special Assessment Roll No. 900And23 for the South Eden Water Main Project, authorizing payment over five years at 7.75% interest.
The commission held and closed a public hearing on the South Eden Water Main Project special assessment roll and voted to confirm the roll for collection.
Deputy Treasurer Ryan Katz summarized the recommendation to confirm Special Assessment District roll no. 900And23 and to allow deferral over five payments with an annual interest rate of 7.75 percent. Notices had been mailed and the hearing of necessity had been approved previously on July 13, the staff report said.
With no public speakers at the public hearing, a motion to confirm the roll carried on roll call and the city clerk was instructed to certify the assessment roll to the city treasurer for collection at the time of construction.
