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Red Line Map Details Which Properties Fall In Assessment Zone

http://66.225.205.104/LM20120322.mp3

The Red Line commuter rail would stretch 25 miles between Charlotte and Mooresville. It would be paid in part by business property owners along the route. Consultants released a map this week that shows which properties would be part of what's called a special assessment zone. For the most part, business properties that are within half a mile of a proposed station would be part of the zone. The idea is they'd be within walking distance of the station and a commuter rail would be good for business. "The entire concept was to work with local jurisdictions on a property by property basis to determine who benefits, and if those properties benefit they were designated as part of the special assessment district," says Katherine Henderson, a project consultant, who drew the map. Business property owners in these zones would have to vote on whether they'd want to pay a special tax. It would likely range between 50 and 75 cents per $100 of assessed value. The map is still only a draft. It will have to go through a public review process