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minr&o 04-04-22
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minr&o 04-04-22
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Last modified
5/17/2023 10:20:58 AM
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5/17/2023 10:19:59 AM
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Office Of Council
Document Type
Rules & Ordinances
Date
4/4/2022
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Lakewood Special <br /> Revised Code 1710 <br /> Special Improvement Districts <br /> Shoreline <br /> Improvement <br /> District <br /> An Alternative <br /> tsa Assist Financing Ing I ll / �^ <br /> Control projects. � � <br /> The SID would encompass the entire Shoreline Process <br /> Properties of the City of Lakewood. <br /> w <br /> The`ID can be cost effective by affording multiple properties grou ping toetherto offer Property Owners Petition the City for the Form at ion ofihe S I <br /> economyofscale-lower costs. Included is <br /> Allows for the costs of engineering,construction management and legal costs Initial Petitions <br /> associated,to be placed on the tax duplicate and payable over;a period of 10-30 year. � the Initial flan <br /> 'Riese assessments would be payable yearly on the property taxes and would be <br /> w Proposed Articles oiIncorporation <br /> transferable to the vert owner... <br /> Legislative Authority has;60 days to Approve or Reject <br />
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