Chet
Cyburbian Emeritus
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One of our clients is searching for some info on how to special assess a transportation project. In brief, the State DOT is designing intersection improvements on a major commercial thoroughfare. Our firm is working with the DOT on this design. The new and revised design will result in additional work to improve the geometrics of one intersection and the DOT has informed the community that this additional $50,000 or so was not part of the original design and the community will be required to pay for these new improvements. The community would like to spread this cost out to all the businesses on the thorooughfare that will benefit from the improvements (budgets were just adopted last month, so they cant just put the cost on the tax levy, and keep the project for 2004. The community is fishing for ideas on how to administer such an assessment: based on parcel areas, traffic generations, assessed values, square footages of buildings???
The community does not need a lecture on whether or not this is 'good for business' so please avoid those posts. If anyone has some experience with this type situation or ideas on how to fairly assess the municiaplity's costs, please advise.
The community does not need a lecture on whether or not this is 'good for business' so please avoid those posts. If anyone has some experience with this type situation or ideas on how to fairly assess the municiaplity's costs, please advise.