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Current Assessment Policy: <br />• Quarter acre lot: Could cost $9,000 or $75 /month <br />for 10 years <br />• Two acre lot: Could cost $27,000 or $255 /month <br />for 10 years <br />Option 1: Do Nothing <br />Places significant but short -term burden on property <br />owners — a challenging option in the current economy <br />