Apologies we did not send a news flash yesterday - we wanted to make sure the information was complete and accurate. It would be challenging to find a more robust lake level special assessment roll than that of the Four Lakes Special Assessment District (FL SAD). Developed with extensive public feedback and many property owner reviews, the FL SAD has a diverse property configuration across 6,000 property owners in 80+ subdivisions and neighborhoods spanning nine townships and a village.
The benefits of the top 10% of residential properties are 10-25 times higher than the lowest property. Private companies, the DNR and public parks pay for 3% of the Capital Assessment. The State of Michigan is covering over 40% of the project costs.
We understand the costs to restore the lakes are greater than the 2022 estimate as are the assessments that are needed for financing the completion of the project. We remain focused on containing and reducing these costs and seeking new grants, helping those with a low or fixed income, and ensuring that everyone who directly uses the lakes contributes to the assessment.
Dave Kepler
President, Four Lakes Task Force
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