404-349-2211 info@aerocids.com

In compliance with O.C.G.A. §48-5, this provides notice that the Airport South Community Improvement District (“CID”) Board of Directors, at its meeting on July 30, 2020 beginning at 12:00 noon, which will be conducted entirely via teleconference due to the Governor’s Emergency Declaration and may be accessed via Zoom: https://us02web.zoom.us/j/86974133947?pwd=L0w4WE0wMGtOWUt4Y2xsTHQyelY0dz09

or dial in number: +1 646 558 8656; Meeting ID: 869 7413 3947; Password: 475466, will vote upon a proposal to levy an ad valorem taxation rate of 5 mills, and will set its millage rate for the lawful purposes of the CID for the current calendar year.  Set forth below is the assessed taxable value of the properties subject to taxes for the current year and the immediately preceding five years, the total dollar amount of CID ad valorem taxes proposed to be levied for the current year and levied the immediately preceding five years, as well as the percentage and dollar change with respect to the immediately preceding year.  All property levied upon is real property.   The millage rate each year has been 5 mills.  

 

                               Assessed Value           Taxes Levied              % Change                $ Change

2015                           $37,147,945               $185,739                       100%                    $185,739

  

2016                           $39,823,998               $199,120                        7%                       $  13,381

 

2017                           $45,918,242               $229,591                        15%                     $  30,471

 

2018                          $55,290,099               $276,450                          20%                    $  46,859

 

2019                          $82,869,450               $414,347                          50%                    $137,897

 

2020proposed        $89,627,248                $448,136                         8%                      $  33,789

 

J. Lynn Rainey, PC, 358 Roswell Street, Suite 1130, Marietta, Georgia 30060; (770) 421-6040
Attorney for CID – State Bar No.  592350