Special Assessments

A special assessment is an improvement that has been done on a defined area that benefits the property owners and the public, for which bonds are issued to pay for the cost of the improvement. Property owners make annual payments of principal and interest to the Village to repay the bonds. Typical improvements include sanitary sewers and watermains.

Special Assessment No. 13A


Sanitary Sewers West of LaGrange Road East-Phase


Interest rate is 2.625% for all twenty (20) installments
Balance of installments due:
  • Installment No. 17 January 2, 2016
  • Installment No. 18 January 2, 2017
  • Installment No. 19 January 2, 2018
  • Installment No. 20 January 2, 2019

Special Assessment No. 96-1A


Watermains West of LaGrange-East Phase


Interest rate is as follows:
  • Installments 1-4 5.050%
  • Installments 5-10 4.850%
  • Installments 11-15 5.2%
  • Installments 16-20 5.3%
Balance of installments due:
  • Installment No. 17 January 2, 2016
  • Installment No. 18 January 2, 2017
  • Installment No. 19 January 2, 2018
  • Installment No. 20 January 2, 2019

Special Assessment No. 13B


Sanitary Sewers West of LaGrange Road-West Phase


Interest rate is 2.625% for all twenty (20) installments

Balance of installments due:
  • Installment No. 18 January 2, 2016
  • Installment No. 19 January 2, 2017
  • Installment No. 20 January 2, 2018

Special Assessment No. 96-1B


Watermains West of LaGrange-West Phase


Interest rate is as follows:
  • Installments 1-3 5.050%
  • Installment 4 3%
  • Installments 5-10 4.25%
  • Installments 11-20 4.8%
Balance of installments due:
  • Installment No. 17 January 2, 2016
  • Installment No. 18 January 2, 2017
  • Installment No. 19 January 2, 2018
  • Installment No. 20 January 2, 2019
For residents participating in special assessments, invoices are mailed out in mid-November.