On January 3, 2019, Mayor Durkan sent legislation to the Seattle City Council proposing the formation of the LID. Mayor Durkan’s legislation, if passed, would lower the overall LID assessment amount to $160 million (plus the amounts necessary to pay the cost of financing) from the previous proposed assessment amount of $200 million. Please note that the preliminary special benefit and preliminary assessment numbers used in this LID property search tool were based on the earlier $200 million proposal and do not match the Mayor’s current proposed legislation.
In the event the City Council passes an ordinance to officially form the LID, an independent real estate consultant will complete a final special benefit study on behalf of the City. The final special benefit study will inform the final assessment amounts.
If the Waterfront LID is formed, final assessment amounts would be established by the Seattle City Council during the Confirmation of the Final Assessment Roll anticipated to begin in late 2019. Property owners will be notified of their final assessment amounts and will have the opportunity to challenge their individual assessments during the assessment roll confirmation process.
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