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1992_0420_packet
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1992_0420_packet
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10/31/2011 12:53:11 PM
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Page 2 <br />Steven Sarkozy <br />April 16,, 1,992 <br />a - <br />The assessment policy makes no distinction between owner occupied <br />V <br />or, rental property* The assessment is based on the zoning <br />Ni <br />classief icatiLon of the proplerty to be consi stent with state <br />statute . <br />If' relief was granted to the Villa Park residents,, policy cannot <br />differientiLate between lowner occup,ied and rental property,, <br />-3 and above <br />Therefore, all resil"idential property classif ied R <br />would, have to be granted the same relief,,' This would have <br />a! I B%i 41 <br />S3.gniricant implications to the p�roloect financing both for <br />I <br />
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