Assessment

There is a City of Rio Rancho Infrastructure Assessment entitled SAD 7A that applies to all of the lots in Vista Montebella. All of our lots have an assessment in the amount of $12,369.19 The first year of the assessment levied by the City is interest only with payments due January 1, and July 1, 2010 in the amount of $ 369.26 each. Beginning in 2011, the assessment will be amortized over 16 years with an interest rate of 5.99 %. Those payments will be in the $605 - $640 range due on January 1, and July 1, of each year until paid in full. All assessments are assumable. For any additional questions regarding the financing of the assessment, please contact Celeste at the City of Rio Rancho. Her number is 505.896.8806. There is additional information available pertaining to SAD 7A on the City of Rio Rancho Website.

City of Rio Rancho

Below are links to the City Website pertaining to the construction schedule of SAD 7A.

SAD 7A Construction Schedule - PDF

SAD 7A Construction Schedule - Excel