This property is located within the
Monte Verdi Estates (track # 4351, plot block 62, page 70-78, Fresno County).
This subdivision has been subject to major sewer disposal and/or water issues.
London Properties has been informed that these issues may soon be remedied by a
Bond or Loan from the State of California or other third parties.
We understand that a fund totaling
$2,833,627.50 is being created to provide improvements. This amount will be
divided over 125 lots. Based on this, each lot will be assessed $22,669. There
may be interest added by this amount.
A yearly assessment or payment in the
approximate amount of approximately $1,133.45 will then appear on the yearly
tax statements for each lot. County of Fresno may add an “up to $100 more or
less per year” for administrating the collection and disbursement of the annual
payments.
In addition, beginning July 1, 2014,
water and sewer rates are scheduled to increase to $436.20 bi-monthly or
$218.10 per month. Water and sewer only. County bills for this and property
owners will pay the County directly.
Buyers are encouraged to contact Jim
Torosian of the Homeowners Association for more definitive information at (559)
325-3773.
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