The paperwork that the City of Kent sent to all homeowners states, “The City received a $2 million grant from the Transportation Improvement Board to apply towards the estimated project cost of $7 million.” So I thought that it logically followed that the remaining $5 million would come from the homeowners. There is nothing in the paperwork to imply otherwise.
Only if you attended the meeting would you know otherwise. View the second photo in the posted dated May 11, 2012 (below).
I telephoned the engineer from the City of Kent. I left a message on his voicemail. I asked, “I own a condo at Kenthill Townhomes. I received a notice from the City of Kent regarding the proposed LID. It states that the assessed amount for my condo would be approximately $2,400. Now is that $2,400 every year for 15 years, or is that $2,400 divided up by fifteen years?”
He telephoned me back and left a message on my voicemail. He said, “The assessed amount is the total for that property. A homeowner may choose to pay it all at once, or may choose to spread it out in yearly payments over the fifteen years.”
