How to Use special assessment in a Sentence
special assessment
noun-
That meant the building was short by $15.5 million, which the board voted in April to raise through a special assessment.
—NBC News, 8 July 2021
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Williams was not fined, but was ordered to pay $200 in special assessments.
—Warren Kulo | Wkulo@al.com, al, 23 Aug. 2023
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In some cases, the special assessment can be paid in installments rather than in a lump sum.
—Washington Post, 11 Nov. 2021
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Otherwise, there will be a large special assessment or the condo will need a bank loan — or both.
—Benny L. Kass, chicagotribune.com, 26 Dec. 2017
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Cash said his payments for the loan will be made to the city, like a property tax payment, under a special assessment by the city.
—Alex Demarban, Anchorage Daily News, 31 Aug. 2022
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Each of them is also ordered to pay a $100 special assessment fee.
—Mike Cruz, The Arizona Republic, 7 Oct. 2020
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The $15 million special assessment was designed to pay that back.
—Casey Tolan, CNN, 8 July 2021
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If a bank loan or special assessment is the source of the funds, be careful about signing a repair contract before the money is in hand.
—Kelly G. Richardson, San Diego Union-Tribune, 22 Jan. 2022
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In addition Beverly Hills might face costs in the form of special assessments and fees.
—Nancie Clare, Los Angeles Magazine, 20 Feb. 2018
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Condo owners must pay the special assessment if one is voted on by the condo board.
—Washington Post, 11 Nov. 2021
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The purchase of the property could require a special assessment of $6 to $9 million.
—Jason Beeferman, Dallas News, 31 July 2023
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Employers will have to pay down the bonds over a decade through a special assessment added to their regular UI taxes.
—Larry Edelman, BostonGlobe.com, 7 July 2022
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Hagerty’s point was that the cost of the special assessment will ultimately be borne by consumers.
—Michael Hiltzik, Los Angeles Times, 21 Apr. 2023
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The board approved a $15 million special assessment to cover the repairs.
—Scott Glover, CNN, 3 July 2021
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Those familiar with the Harbor Towers special assessment saga of the early aughts may be getting a sense of déjà vu.
—Cameron Sperance, BostonGlobe.com, 26 June 2022
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Each is also ordered to pay a $100 special assessment fee.
—Arlyssa D. Becenti, The Arizona Republic, 31 Mar. 2023
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The board unanimously voted in favor of a $15 million special assessment to pay for the upgrades to the building on April 13.
—Anchorage Daily News, 1 July 2021
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That meant a special assessment would be tacked onto the bills of commercial and mixed-use properties, based on their value.
—Talis Shelbourne, Milwaukee Journal Sentinel, 2 Dec. 2020
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Foxconn is to repay the village through a special assessment levied for the public improvements that will be installed.
—Rick Romell, Milwaukee Journal Sentinel, 4 May 2018
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The bank will collateralize the loan against a special assessment.
—Gary Singer, sun-sentinel.com, 18 Nov. 2021
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His estimate for those repairs and others was $9 million, a bill that would have to be shouldered by the residents, through a special assessment on their units.
—NBC News, 30 June 2021
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While there, Dean created a special assessment that paid for garbage pickup, high-grass removal and nuisance abatements in that city.
—Bob Sandrick, cleveland, 2 Nov. 2021
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After that, owners would have to pay for repairs through reserves, a special assessment or, in extreme cases, through loans.
—Roland Li, San Francisco Chronicle, 1 July 2021
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Watch out for those who will overstate this new law and seek to apply it to governing document amendment votes or special assessments.
—Kelly G. Richardson, San Diego Union-Tribune, 21 Oct. 2023
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Receivers can be expensive, so a special assessment will most likely be levied against all owners to cover these costs.
—Gary M. Singer, Sun-Sentinel.com, 21 Dec. 2017
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When the building fell on June 24, the board had taken out a loan, work on the roof had begun, requests for bids for structural repairs were put out, and some owners had already paid in full their special assessment to pay for the work.
—Bernard Condon, chicagotribune.com, 4 July 2021
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The regulators will provide funding and recover it through a special assessment on the banks.
—Paul Davidson, USA TODAY, 16 Mar. 2023
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If approved, the special assessment will go into effect Oct. 1.
—Martin E. Comas, orlandosentinel.com, 3 July 2019
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Profits were dented by some one-time charges, including a special assessment by the Federal Deposit Insurance Corp., which charged big lenders to help refill its coffers from the bank failures in the spring.
—David Benoit, WSJ, 12 Jan. 2024
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Work to restore four lakes and dams damaged in record floods in Midland and Gladwin counties in 2020 has been suspended while some property owners protest the costs of a pair of special assessments to fund construction and maintenance.
—Jennifer Dixon, Detroit Free Press, 5 Mar. 2024
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'special assessment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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