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October 25,2000 <br /> day grace period from laving to pay the penalty and interest fm. Ned sated <br /> that the present amerdmem does not cover that situation.The hope is that when <br /> someone buys property in the BIA area.they will know through the tide <br /> company whether any assessments are due. <br /> Couecibrtmber Overstreet questbnd whether there is any urgency for this item <br /> to pass today.Ned sated that staff would like to get this on tine before levying <br /> Me next assessment. <br /> Frank McCord,President of the MA Advisory Committee,commented that they <br /> would like to see a closure brought to these delinquencies and recommended <br /> passage of the amendment. <br /> Ross Whale,2107 Rucker,a property owner in the BIA area,remarked that he <br /> has paid all of his penalties,interest and fees over the years and feels that he <br /> also should be allowed a credit against subsequent paymmta. <br /> Moved by Coun<thumher Simpson,seconded by Cousdlmember Gipson to <br /> dose the public haring. <br /> Allen Hemmat,1611 Everett Avenue,sated that he has opposed the BIA from <br /> the time it began but he will pay his assessment if this ordinance passes. He <br /> questioned how long the BIA will go on. <br /> Ned Johnston,Assistant City Attorney,replied that Section 19 of the ordinance <br /> which established the BR states that the assessment an be terminated through a <br /> petition submitted to the City which contains the signatures of the owners of <br /> properly in the BIA who pay 50%or more of the annual special assessment <br /> amount for the BIA.The BOA will terminate after a period of 10 years unless a <br /> petition requesting the continuation of the BIA is submitted to the City at least <br /> 90 days before the termination of the special assessment. <br /> Cauocilmetnber Simpson questioned how a non-member of the BIA cm voice <br /> their concerns.Ned stated that the BIA is a governmental entity and as such, <br /> thew meetings are open to the public. <br />