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5.5. SR 06-07-2010
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5.5. SR 06-07-2010
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6/7/2010 10:34:47 AM
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6/7/2010
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2009 -Lowell, Morton, Norfolk $3,750 represents +/- 72% of total project <br />Overlay <br />Assessments for overlay projects in the past have been targeted to cover 100% <br />of the projected project costs. As with any assessment the density of parcels <br />play a large role in arriving at the actual dollar amount assessed. <br />Project Assessment <br />2004 Overlay $1,975 <br />2006 Overlay $2,150 <br />2008 Overlay $1,400 <br />Multiple properties <br />In previous assessments residential properties have been assessed one unit per <br />parcel for a typical lot within the neighborhood. If property owners own more <br />than one parcel the owner has been assessed for each parcel. If the property <br />owner wishes to combine parcels to one parcel with one property identification <br />number and the resulting parcel cannot be split into multiple buildable parcels in <br />the future then the single parcel has been assessed one unit. <br />Large parcels <br />Larger parcels that can conceivably be split into multiple parcels in the future are <br />assessed based on the number of potential buildable single family lots that can <br />be divided. <br />
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