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Cherry Grove Property Owners have Second Opportunity to Prepay Cherry Grove Canals Dredging Assessment
Posted by Century 21 Thomas Blogger | Thursday, September 29, 2016


Property owners who are part of the Cherry Grove Canals Dredging Project Assessment District who would like to make a partial or full assessment prepayment in order to avoid the remaining years of assessment fees for the first dredge or both dredges have until 5:00 p.m. on February 28, 2017 to do so.

STANDARD PARCEL PREPAYMENT OPTIONS

PREPAYMENT OPTION #1 BOTH DREDGES STANDARD PARCEL

An owner of a standard parcel (not a condo) may make a full assessment prepayment of $17,433.23 no later than 5:00 p.m. on February 28, 2017. That means the payment must be in the Citys possession by that time and date. Make check payable to: City of North Myrtle Beach. Mail check to: Attention: Pat Dowling, City of North Myrtle Beach, 1018 Second Avenue South, North Myrtle Beach, SC 29582

This amount of $17,433.23 has been calculated in accordance with the Rate and Method of Apportionment of Assessment (RMA). With the exception of a $50 administrative expense fee that is included in the total, this amount reflects each parcels share of the outstanding City borrowing, as required by the RMA.

IMPORTANT - The $17,433.23 prepayment does NOT include the assessment fee of $2,400 that will be billed this fall on the Horry County real property tax bill and which comes due January 15, 2017. You must also pay this assessment fee. Do not remit this $2,400 assessment fee to the City of North Myrtle Beach. Pay the assessment amount to the Horry County Treasurer as part of your total real property tax bill.

PREPAYMENT OPTION #2 FIRST DREDGE ONLY STANDARD PARCEL

An owner of a standard parcel (not a condo) may make a partial payment of $9,139.93 no later than 5:00 p.m. on February 28, 2017. That means the payment must be in the Citys possession by that time and date. Make check payable to: City of North Myrtle Beach. Mail check to:Attention: Pat Dowling, City of North Myrtle Beach, 1018 Second Avenue South, North Myrtle Beach, SC 29582.

This amount has been calculated in accordance with the Rate and Method of Apportionment of Assessment (RMA). With the exception of a $50 administrative expense fee that is included in the total, this amount reflects each parcels share of the outstanding City borrowing, as required by the RMA.

IMPORTANT - The $9,139.93 prepayment does NOT include the assessment fee of $2,400 that will be billed this fall on the Horry County real property tax bill and which comes due January 15, 2017. You must also pay this assessment fee. Do not remit this $2,400 assessment fee to the City of North Myrtle Beach. Pay the assessment amount to the Horry County Treasurer as part of your total real property tax bill.

CONDO PARCEL PREPAYMENT OPTIONS

PREPAYMENT OPTION #1 BOTH DREDGES CONDO PARCEL

An owner of a condo parcel may make a full assessment prepayment of $12,044.32 no later than 5:00 p.m. on February 28, 2017. That means the payment must be in the Citys possession by that time and date. Make check payable to: City of North Myrtle Beach. Mail check to:Attention: Pat Dowling, City of North Myrtle Beach, 1018 Second Avenue South, North Myrtle Beach, SC 29582.

This amount has been calculated in accordance with the Rate and Method of Apportionment of Assessment (RMA). With the exception of a $50 administrative expense fee that is included in the total, this amount reflects each parcels share of the outstanding City borrowing, as required by the RMA.

IMPORTANT - The $12,044.32 prepayment does NOT include the assessment fee of $2,400 that will be billed this fall on the Horry County real property tax bill and which comes due January 15, 2017. You must also pay this assessment fee. Do not remit this $2,400 assessment fee to the City of North Myrtle Beach. Pay the assessment amount to the Horry County Treasurer as part of your total property tax bill.

PREPAYMENT OPTION #2 FIRST DREDGE ONLY CONDO PARCEL

An owner of a condo parcel may make a payment of $6,322.05 no later than 5:00 p.m. on February 28, 2017. That means the payment must be in the Citys possession by that time and date. Make check payable to:City of North Myrtle Beach. Mail check to: Attention: Pat Dowling, City of North Myrtle Beach, 1018 Second Avenue South, North Myrtle Beach, SC 29582.

This amount has been calculated in accordance with the Rate and Method of Apportionment of Assessment (RMA). With the exception of a $50 administrative expense fee that is included in the total, this amount reflects each parcels share of the outstanding City borrowing, as required by the RMA.

IMPORTANT - The $6,322.05 prepayment does NOT include the assessment fee of $2,400 that will be billed this fall on the Horry County real property tax bill and which comes due January 15, 2017. You must also pay this assessment fee. Do not remit this $2,400 assessment fee to the City of North Myrtle Beach. Pay the assessment amount to the Horry County Treasurer as part of your total property tax bill.


NOTE: The prepayment amounts given for all of the above categories will remain the same between now and 5:00 p.m. on February 28, 2017.

QUESTIONS?

Contact Pat Dowling at (843) 280-5612 or pcdowling@nmb.us



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