Laserfiche WebLink
<br />assessments. Non-payment of such an assessment shall be due and payable in any <br />subsequent years when assessments are collected with ad valorem property taxes. <br /> <br />Sec. 13-211. Annual Report: Contents. <br />(a) For each fiscal year in which assessments are to be levied and collected <br />to pay the costs of the improvements and activities report shall be prepared, except for <br />the first fiscal year. <br /> <br />(b) The report shall be filed with the Clerk of the Council and shall refer to the <br />CMD by name, specify the fiscal year to which the report applies, and, with respect to <br />that fiscal year, shall contain all of the following information: <br /> <br />(1) Any changes, including, but not limited to, the boundaries of the <br />CMD or any benefit zones within the district, the basis and method <br />of levying the assessments, and any changes in the classification of <br />property, if a classification is used. <br /> <br />(2) The improvements and activities to be provided for that upcoming <br />fiscal year. <br /> <br />(3) An estimate of the cost of providing the improvements and the <br />activities for that upcoming fiscal year. <br /> <br />(4) The method and basis of levying the assessment in sufficient detail <br />to allow each real property owner to estimate the amount of the <br />assessment to be levied against his or her property for that fiscal <br />year. <br /> <br />(5) The amount of any surplus or deficit revenues to be carried over <br />from a previous fiscal year. <br /> <br />(6) The amount of any contributions to be made from sources other <br />than assessments levied pursuant to this part. <br /> <br />(c) The City Council may approve the report as filed or may modify any <br />particular contained in the report and approve it as modified. Any modification shall be <br />made pursuant to Section 13-212, below. The City Council shall not approve a change <br />in the basis and method of levying assessments that would impair an authorized or <br />executed contract to be paid from the revenues derived from the levy of assessments. <br /> <br />(d) If an Owners Association is under contract with the City to manage the <br />CMD, it shall cause the report to be prepared. <br /> <br />Ordinance No. NS-2771 <br />Page 9 of 12 <br />