A Special Assessment District (SAD) can begin in two different ways: the Provisional Order Method and the Petition Method. The Provisional Order Method means that the City may initiate a district when it determines that creation of a district is necessary for the health, safety, and welfare of the community. This method does not require any votes or ''buy-in'' from the property owners. The SAD is created by the Governing Body. The Petition Method means the City may initiate a district if the owners of two-thirds of the benefiting properties petition the City requesting a district to construct improvements and assess the costs of improvements. This method requires the City to send certified mail to every property owner for their signature on the petition.
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Nice building lots- side by side. Custom home across street . Will sell one or both.Listed at $45,000 each. Seller will finance or consider exchanges into income property. 409 Holly is about .52 ac and 405 Holly is about .61 AC. See plats in ''documents''
MLS ID 947263
PRICED TO SELL and WON'T LAST LONG!! This 1/2 ACRE lot is ideally located in Rio Rancho just off Northern Blvd. Located in the area of utilities provides an opportunity of building your dream home or holding as an investment. Many large custom homes in the area! Take advantage of this opportunity...
MLS ID 926315
Courtesy of: Legacy
Office Phone: +15755211000
Listing Agent: Aimee Romero
Updated: 13th October, 2019 6:56 AM.
7213 Nagoya Road NE Rio Rancho, NM