Ordinance 3919-22 - Laserfiche WebLink

Section 4. Collection of Assessments. A. Assessments shall commence as of January 1, 2023. Lim B. The initial assessment invoices will be generated and mailed no later than April 28, 2023. Subsequent annual assessment invoices will be generated and mailed no later than the last business day of January. C. The initial assessment and subsequent annual assessments showing the rate of the special assessment, the land square footage and assessed value on which it is calculated, and the total assessment for each separate ownership, shall be mailed to the owner or reputed owner whose name appears as the owner on the tax rolls of the Snohomish County Assessor and at the address for such owner as shown on the tax rolls of the Snohomish County Assessor. D. For multifamily residential properties that are subject a Home Owner's Association (HOA), the HOA shall be responsible for payment of the assessment on the multifamily residential property as a whole. When an HOA is responsible for payment of an assessment, the assessment shall be mailed to the HOA. E. Subsequent annual assessments, with the applicable rate, land square footage and assessed value, and total assessment for each separate ownership, may be sent by ordinary mail or delivered by the City, or the City's designee, to the address shown in the tax records of the Snohomish County Assessor. It will be presumed that ownership and the address of any owner or reputed owner remains the same as at the time of mailing of the initial annual assessment unless the City, or the City's designee, receives written notice of a change in the address of the owner to which the assessment notice is to be mailed. F. Duplicate notices will be mailed upon request of the owner to the owner's named representative at the address given in such written request of the owner. G. In the event the annual budget approved is greater than the funds which will be available from the total of all assessments within the ESDA BIA for such annual period, calculated at the assessment rates as set forth herein, then such budget shall be reduced to match the revenue. Any unexpected and unobligated budgeted amount remaining at the end of any annual assessment period, and any assessments or funds collected and deposited in the ESDA BIA Fund in excess of the amount authorized to be expended for the annual assessment period in which such excess amounts are received may be expended as may be authorized by the next annual BIA budget approved by the City Finance Director, or as may be authorized by amendment to the current annual budget pursuant to Sections 7 and 8 of this ordinance. H. Insofar as is consistent with this ordinance and Chapter 35.87A, special assessments shall be collected on an annual basis, with payments due thirty (30) days from the date of billing, or the first City business day thereafter. Upon termination of the BIA, pursuant to Section 15 or otherwise, no refunds for overpayments of assessments shall be made to persons paying such overpayments unless there are sufficient funds in the District Fund to pay such overpayments, after payment of all other costs, debts, or liabilities incurred on or payable from the District Fund. If there are sufficient funds remaining to refund some of the overpayments, but not all, such refunds shall be pro -rated among those who have made timely claims pursuant to Section 11 herein and are entitled to refunds for overpayment. 2022 ORDINANCE: ESDA BIA Page 4 of 16