BACKLOT definition
BACKLOT. - means a lot which has other developable property between it and the lake, but does not include lots where the only property existing between them and the lake is a road, environmental reserve, or park reserve;
BACKLOT properties with dedicated (private easement) access. The special assessment cost for the acquisition, repairs and operation for the Part 307 legal lake level components of the dams (the lake level assets) is estimated to be $350 annually for a typical waterfront property owner. Special assessments should appear on the December 2021 tax bill. Note: these estimated costs were provided at public informational meetings during February 2019 and have not changed. More details are available on the FLTF website. In a separate agreement, FLTF will secure additional funding, independent of the Special Assessment District, to purchase the Federal Energy Regulatory Commission (FERC) licenses and power generating assets from ▇▇▇▇▇ by 2024. The FLTF objective is for the dams to continue to produce hydro-electric power. Any proceeds from the power generation, after 2024, will be used to help defray future costs to the Special Assessment District. “While there is still significant work to do before reaching a final agreement, including Circuit Court approval for the Special Assessment District and establishment of the court- ordered legal lake levels, this is a major milestone in assuring we have a sustainable structure for the lakes moving forward,” said ▇▇▇▇ ▇▇▇▇▇▇, chairman, Four Lakes Task Force.