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The district approved a feasibility report and assessment for Assessment Area No. 7 in the Radiance Development, authorizing special assessment bonds of up to $1,695,000 to finance another portion of Radiance Avenue. The assessment is $5,000 per lot for 339 lots, and both resolutions passed 6-1.
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The approved plan allows the district to finance additional Radiance Avenue improvements through special assessment bonds. The cost will be assigned to 339 lots, at $5,000 per lot, with homeowners given the option to pay the assessment early. No public comments were received during the hearing.
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