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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) When a special assessment district is created, there may be included in the assessments
(1) all of the cost of acquiring, installing, making, or constructing the local improvement;
(2) the costs of all engineering and surveying to be done in connection with creating the district or improvement;
(3) the cost of mailing and publishing notices;
(4) interest on interim financing;
(5) the cost of legal services and other expenses incurred in the formation of the special assessment district;
(6) the cost of completing the improvement and financing the improvement, including the issuance of bonds.
(b) The total amount of the assessment roll may not exceed actual costs, but actual costs may include reasonable estimates of the costs to be incurred in connection with issuance of bonds.
Cite this article: FindLaw.com - Alaska Statutes Title 29. Municipal Government § 29.46.110. Allowable costs - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-29-municipal-government/ak-st-sect-29-46-110/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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