On Monday, January 28, Council passed, and Mayor Durkan signed into law, an ordinance forming the Waterfront LID. This ordinance sets a cap of $160 million for the total LID assessment amount, (plus the amounts necessary to pay the costs of financing).
This LID property search tool shows each property’s preliminary assessment. Preliminary assessments are based on the original $200 million total LID and do not reflect the new assessment roll total of $160 million (plus the amounts necessary for financing).
The LID property search tool will be updated when the City knows the final assessment amounts for each property in the LID. Final assessment amounts are informed by a final special benefit study and established by Seattle City Council. The City expects to notify property owners of their final assessments in late 2019 or early 2020 following the completion of the final special benefit study and Council’s consideration of the assessment roll resolution.
Final assessment amounts will reflect the new assessment roll total cap of $160 million (plus the amounts necessary for financing) found in the recently passed LID formation ordinance. Property owners will have the opportunity to challenge their individual assessments during the assessment roll confirmation process.
More information about the LID legislative process is available on the Waterfront Seattle LID webpage.
THIS SEARCH TOOL CAN HELP YOU:
- Determine where your property is within the LID study area
- Review your property’s preliminary special benefit and preliminary assessment