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amortized and collected in twenty (20) annual installments, <br />Each annual installment of the assessment will include: <br />• Your share of the principal and interest on the note/bonds-, <br />• Your share of the collection costs of the assessments; and <br />• The maximum discount allowed for early payment under the Uniform Assessment Collection Act, <br />The City expects to collect a total of $1,690,381 through the assessment, together with interest and collection costs, <br />for the purposes described in this notice, The City intends to include annual assessments on your ad valorem tax bill <br />mailed each November by the county tax collector. Florida law provides that failure to pay the assessment will cause <br />a tax certificate to be issued against your property which may result in a loss of title. <br />If you have any questions, please contact the City Manager's office at (407) 262-7700 ext. 1130. <br />CASSELBERRY, FLORIDA <br />* * * * SEND NO MONEY NOW. THIS IS NOT AN INVOICE * * * * * <br />SAUSALITO ASSESSMENT AREA <br />SPECIAL ASSESSMENT <br />GRADY JONATHAN <br />212130510OA000010 <br />Total number of Benefit Units attributed to property: <br />1.0 BENEFIT UNIT <br />Estimated maximum annual installment of the assessment:* <br />$364,39 <br />Number of annual installments: <br />20 <br />Expected date of first annual installment: <br />November 2019 <br />Total amount of annual installments: _ <br />$7,287.80 <br />*Includes principal, interest an assumed rate of 3,11% per year, and collection costs. The actual interest rate will not be known <br />until the City issues the promissory note or bond to finance the project, <br />* * * * SEND NO MONEY NOW. THIS IS NOT AN INVOICE * * * * * <br />