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1987-142
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1987-142
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Last modified
9/2/2022 9:37:07 AM
Creation date
9/1/2022 9:46:04 AM
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Resolutions
Resolution Number
1987-142
Approved Date
12/01/1987
Subject
Approving a Capital Project to the Sanitary Sewage Collection
transmission, treatment & disposal system facilities
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40 <br />rate of one percent (1%) per month or portion thereof until paid. The entire <br />outstanding amount of any Assessment may be prepaid at any time provided that the <br />accrued interest thereon and an appropriate interest and/or prepayment charge is <br />paid together therewith. The Assessments shall be levied against the Assessed <br />Properties on the basis of the number of ERUs assigned to and reserved for each <br />of the Assessed Properties. The lien upon an Assessed Property resulting from <br />the Assessment thereon shall be extinguished upon the recording in the Official <br />Records of the County of an affidavit executed by the Chairman of the Board to <br />the effect that the such Assessment has been paid in full or that sufficient <br />security has been deposited with the County in order to insure timely payment of <br />such Assessment. The lien upon an Assessed Property resulting from the <br />Assessment thereon shall be extinguished as to a portion or portions of such <br />Assessed Property upon receipt by the County of payment of a portion of the <br />outstanding amount of the Assessment upon such Assessed Property together with <br />the accrued interest thereon and an appropriate interest and/or prepayment <br />charge, such portion to be determined by the County in its sole discretion which <br />shall be at least pro rata based upon fair market values as established by <br />appraisals acceptable to the County, or upon sufficient security therefor being <br />deposited with the County, in either case followed by the recording in the <br />Official Records of the County of an affidavit executed by the Chairman of the <br />Board to such effect and describing in sufficient detail the portion or portions <br />of the Assessed Property as to which such lien is extinguished. <br />SECTION 5. IMPACT FEES NOT TO BE IMPOSED ON PROPERTIES PAYING <br />ASSESSMENTS. An "Impact Fee", as that phrase is defined in Ordinance 84-18 of <br />the County, as amended, shall not be imposed on the Assessed Properties. The <br />term Assessed Properties shall only include properties the owners of which have <br />3 <br />
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