Ocean Shores News: Street LID Update ~ November 9, 2010
OCEAN SHORES NEWS
Ocean Shores Street LID
As of November 9, 2010
November 9, 2010 ~ As I reported in my last update dated October 27th on the Street LID, the final assessment amounts were approved by the City Council. In the past week and a half, property owners, including myself, have been receiving their notices from the City with the assessment amounts due. I have personally received many calls and e-mails off my web site story on the Street LID from both current clients and other property owners, and there has been a lot of confusion about this poorly worded letter without any contact info. So let me help explain: The City is offering a 10% discount if you payoff the LID by November 29, 2010. For example, if you owe $3,718.00, then your payment to the City would be $3,346.20. If you choose to take the financing over the next 18 years, then your 1st payment is due November 29, 2011. If you take the financing option, and if your payments are late, then you will be charged a p