City of Westbrook, ME
Cumberland County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the City Council of the City of Westbrook 10-22-2018 by Ord. No. 2018-162 (Ch. 39 of the 2007 Code). Amendments noted where applicable.]
The City of Westbrook hereby establishes certain development assessment districts as outlined in the articles contained within this chapter pursuant to 30-A M.R.S.A. § 5228.
A development assessment pursuant to 30-A M.R.S.A. § 5228 is hereby established upon property within the Waterstone Omnibus Tax Increment Financing District No. 15 (the "District") as shown on Exhibits A to C attached hereto,[1] relating to the costs of improvements that benefit the property in the District. Such development assessment is established through the adoption of this City of Westbrook Development Assessment Ordinance (this "Ordinance").
Editor's Note: Exhibits A to C are included as attachments to this chapter.
The attached rate and method of apportionment of the development assessments (the "RMA"), identified as and incorporated herein as Exhibit A hereto, establishes the apportionment of the value of improvements to properties within the District and assessments pursuant to 30-A M.R.S.A. § 5228. The RMA also includes a table of applicable parcels and annual installments of the levy.
The development assessment shall be collected in the same manner as municipal taxes, to the extent collection is required pursuant to the RMA. The municipal Tax Collector shall have all the authority and powers by law to collect the development assessment. If a property owner within the District fails to pay any development assessment or part thereof by the dates required, the City has all the authority and powers to collect the delinquent development assessment vested in the City by law to collect delinquent municipal taxes.
Pursuant to 30-A M.R.S.A. §§ 5227 and 5228, all revenues from the collection of the development assessments established by the adoption of this chapter shall be paid into the development fund program account created and established under the City's Waterstone Omnibus Tax Increment Financing District Development Program No. 15 and pursuant to a credit enhancement agreement to be entered into between the City and the developer.
The Mayor, the City Administrator, the Treasurer, the Director of Finance, the Assessor, and any other officers and employees of the City are hereby authorized to execute and deliver, for and on behalf of the City, any additional agreements, certificates and other documentation and to do any and all things necessary or appropriate in order to consummate and otherwise implement the transactions contemplated by this chapter and the bonds, subject to the limitations set forth in this chapter, so long as no municipal expenditure is required thereby.