Willoughby passes law allowing landowners to use SID funding – News-Herald

Willoughby City Council recently passed two laws that will now allow five landowners along the city’s coastline to use Special Improvement District erosion funding.

The legislation passed on September 7 includes a resolution declaring a necessity and an ordinance imposing special assessments.

According to Economic Development Director Tom Thielman, Willoughby’s landowners account for $ 1,021,000 in private property erosion improvements.

The Mayor of Willowick, Richard Regovich, the Mayor of Eastlake, Dennis Morley, the Mayor of Willoughby, Robert Fiala, and the Mayor of North Perry Village, Ed Klco, sought to create the Special Improvement District, or SID, during over the past two years in order to control erosion.

According to Morley, most people take out loans to repair their property.

The SID encompasses each participating municipality and allows landowners to fund erosion protection through voluntary special assessments of up to 30 years on their property tax bills. SID would also form a SID board, partly made up of landowners from the district.

In 2019, Lake Erie surpassed a record water level set in 1986, according to the National Weather Service. Due to erosion, Eastlake lost between 10 and 50 feet of land in 2019. That same year, North Perry lost 60 feet of land at the village hall.

Source link

About Norman Brown

Check Also

Startup uses behavioral sciences to fight student absenteeism

Chronic student absenteeism is one of the many problems exacerbated by the COVID-19 pandemic. EveryDay …

Leave a Reply

Your email address will not be published. Required fields are marked *