Assessments
Prop 218 Assessment Clarification |
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Notice & Ballot Information Guide |
Dear Bradford Island Landowners, There have been a lot of questions from landowner’s with regards to why Oxy, Inc. AKA The Gas People are paying a lower or different amount then smaller landowners. I asked the Engineering Firm whom conducted the Prop. 218 this. In an effort to assist everyone in understanding, I am sending all landowner’s the answer. The Engineer’s report for the Prop. 218 is posted on the Bradford Island website. www.bradfordisland.com. Why is the gas well paying less then smaller landowners: The rate study outlines the factors contributed into determining this. The other factor is Landowners now have 2 assessments, gas wellsonly have 1. Gas Wells vs. Actual Property). Please refer landowners to Section 4 of the Engineer’s Report for the assessment methodology. Special benefit was apportioned as follows:
Please note that this methodology was presented and explained at the public workshops and the public hearing, and was clearly articulated in the Engineer’s Report. We did not receive any questions regarding the methodology for assessing the mineral rights prior submitting the Preliminary Engineer’s Report and initiating the 218 balloting process. Scott L Brown, PE, CFM |
Assessment Role (Exhibit G) prepared by the KSN
2010-2015 Assessment Rates