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Attached are priop d settlement documents, which would assess 2,5%, of the on"ginal assessment <br />and, defer the remairu"ng 7'5% without interest until such, fime as the property redevelops or is sold. <br />IP <br />FI-nancial impucationso The following is asummary of the proposed settlement <br />The deferred portion of' the settlement will be financed through the cletyls construction and storm <br />utility fun.. <br />5vkkm gig U-1 =1 <br />N <br />4 AM C ity Projects, P-,94-016 <br />Approval of'a resollutioln Wulling by PIK Terninal" si assessment appeal tor <br />and SIT-914-109i and aut,h,o =--ng, the rmyor and city manager to, sign the, settlement agreement on <br />beh,al,f ofthe City., <br />81 <br />Pr iared, by: Karl Keel <br />Proplosed <br />Proposeld <br />Existing <br />Amended <br />Deferreid <br />Assessment <br />Assessme <br />Ass✓ eu-t <br />!�IN 04-291-23-23-0015 <br />$ 51616.55 <br />$1 14 L164 <br />$ 4,24.,91 <br />PIN 04-29�23-33-00071 <br />21910.62i <br />72,71.65 <br />213182,.97' <br />PIN 04-29-23-34-0001 <br />221JI615.09 <br />530653.771 <br />1679611.2,2 <br />PIN 04-2,9-23.i34-0010�2 <br />943633.711, <br />2311658.49 <br />701197'5i.4i8i <br />The deferred portion of' the settlement will be financed through the cletyls construction and storm <br />utility fun.. <br />5vkkm gig U-1 =1 <br />N <br />4 AM C ity Projects, P-,94-016 <br />Approval of'a resollutioln Wulling by PIK Terninal" si assessment appeal tor <br />and SIT-914-109i and aut,h,o =--ng, the rmyor and city manager to, sign the, settlement agreement on <br />beh,al,f ofthe City., <br />81 <br />Pr iared, by: Karl Keel <br />