Everything exciting in Town Hall moves forward with a powerpoint presentation. Next Monday will be no exception.
The long-anticipated neighborhood project wherein power lines will all be buried with fiber optic cable as well will be discussed and the final cost to property owners will be disclosed.
Part of the delay was the Town Commission asked town staff to move ahead with surveying the specific costs and determining a more accurate impact on the property owners.
The neighborhood project, which will cost about $25 million, will be paid through non ad valorem assessments with each property owner paying an amount determined by a formula that confers a monetary ‘benefit’ attributable to the owner and their parcel.
–Longboat Key News READ MORE