Ocean Shores News: Street LID Update ~ January 21, 2011

OCEAN SHORES NEWS


Ocean Shores Street LID Update



January 21, 2011 ~ As of this date, there are 4,910 Ocean Shores parcels that have paid off the Street LID in full. This is out of the 13,232 total assessed parcels in Ocean Shores. So, approximately 37% of Ocean Shores parcels have paid off the Street LID.


Also, the City did sell the bonds and property owners with a remaining balance will be charged 7.25% annual interest on the unpaid amount. The first payment is reportedly due in November 2011 and will be paid each subsequent November for the next 18 years. Any property ownercan payoff the full amount at anytime with no pre-payment penalty.


You can see the full story about the Ocean Shores Street LID on my web site at www.OceanShoresInfo.com/news/streetLID.html


Comments

Post a Comment

Popular posts from this blog

2023 Year-End Ocean Shores/North Beach Real Estate Newsletter

  2023 Year-End Review Ocean Shores/North Beach Real Estate Newsletter Presented by   April Swenson , Managing/Designated Broker   for Coldwell Banker Ocean Shores Brokers Real Estate aswenson25@juno.com     360-589-2777 cell/text     www.OceanShoresInfo.com      NOTABLE NEWS and EVENTS   NOTABLE LOCAL NEWS The City of Ocean Shores issued  107 Single-family Home Permits in 2023 ; there were 175 house permits in 2022, 239 house permits in 2021, 197 in 2020, 174 in 2019, 151 in 2018, and 105 in 2017.  You can see the entire 2023 report from the City's Permit Office at  http://oceanshoresinfo.com/cityinfo/2023permits.pdf . We saw freezing temperatures in the 20s two weeks ago.  The weather had some gorgeous sunsets though. Our City Voters elected a new Mayor, Frank Elduen, in November 2023. I was ranked #4 in Ocean Shores and #6 in Grays Harbor County for  Total Transactions...
Read more

Ocean Shores Events: Sand & Sawdust Festival ~ June 27-29, 2014

Image
OCEAN SHORES EVENTS   Five Star Dealerships Sand & Sawdust Festival 2014     June 27th-29th ~ The annual Five Star Dealerships Sand & Sawdust Festival was held over the weekend. The weather was lovely with sun and some clouds and warm days. The Team Competition for the sand sculptures did not turn out so well this year because the event overseers did not look at the tide tables and so, the teams did not even get to finish before the tides came in and started to ruin their progress. But we still were able to see some of the works of sand art. Wood carvers were doing a great job at the Convention Center.  There were lots of vendors too. See more pictures and the video at www.oceanshoresinfo.com/pics/sand&sawdustfestival2014.html  
Read more

Ocean Shores News: Street LID Update ~ October 27, 2010

OCEAN SHORES NEWS Ocean Shores Street LID As of October 27, 2010 October 27, 2010 ~ The City Council passed a resolution regarding the Findings & Conclusions to the Street LID on October 21st. Very few changes were made to the original assessment role dated August 1, 2010 (produced by Macaulay & Associates, Everett, WA). You can see the 5-page resolution passed by the City Council at http://oceanshores.fileprosite.com/Documents/DocumentDisplay.aspx?ID=17006 . The document named some changes to assessments to 9 property owners who protested their assessments. The City Council also stated that the RCW says that the City can use any method or combination of methods to compute assessments. So yes, the State law does say that, but it does not give the City Council a right to disregard the 900+ protests that clearly stated over and over again, including by me, the incorrect valuation determined by Macaulay & Associates and the inequitable distribution of the LID assessment amou...
Read more