Inver Grove Heights City Council — Transcript
Wednesday, September 29, 2021
Delaney Circle and Delaney Court Improvement Project Overview and Costs
Proposed Special Assessments and Payment Options
Project Status and Resident Inquiries
Notable Quotes (4)
This is a informational meeting for prior to the assessment hearing for the delaney circle and delaney corp improvement project city project 2020-09 d
the proposed assessment amount that equals to contributing 47 of the project costs through special assessments so again proposed assessment is based on the lower of the i'm sorry i just cut out there... again the cap is the 9600 and the special assessments do have a recommended term of a 10-year 10-year term with 3.15 interest
council will consider approving the fi final proposed assessment role at the October 11th city council meeting assuming council approves the assessment role city staff will send out invoices to the residents and and there will be a 30-day window where you can make a payment in full to the city after that 30-day window then the city certifies the assessments to the county and then they get incorporated in with county taxes starting in 2022
my question was if i can't pay it off can i still pay it down to save a little interest over the 10 years
Ordinances & Resolutions (1)
City Project ID for the Delaney Circle and Delaney Court improvement project.