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The district board unanimously approved a financing plan and assessment for Assessment Area No. 3, covering 575 lots over approximately 63 acres, with assessments of up to $3,500 per lot and bonds not exceeding $2,012,500.
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The approved plan supports approximately $2.4 million in public infrastructure improvements near Warner Avenue. Property owners in the assessment area may prepay the $3,500-per-lot assessment. The board held a public hearing and received no comments before approving both resolutions by a 7-0 vote.
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