20 Year Special Assessments -
The City Council has approved offering 20-year special assessment financing - on a case-by-case basis in special situations for 1) residential developments with extraordinary development costs and 2) existing Wichita residential neighborhoods without municipal services (sewer, water, storm sewers, paving).
The purpose of this program is to keep special assessment financing from creating a financial burden for buyers who purchase homes in developments that have incurred higher than typical development costs due to extraordinary development situations.
Next meeting: January 15, 2014
Contact Mark Elder for additional details.
Mark Elder - Development Analyst
City Hall - City Manager's Office
455 N. Main