The City of Fargo should not be involved in special assessments for new developments. I have lived in several cities throughout my career and none of those cities subsidized developers the way the Fargo currently does.
When land is developed, the developer should pay all cost for development including streets and utilities. When the project is completed to the specifications the city requires, the land is then platted to the city.
Up until this point the city has no need to have been involved, other than inspecting the streets and utilities to ensure they have met city standards. The developer sells the lots with improvements. The city then gets involved as water and sewer connections are made through user fees. A very simple tried and true method.
The City of Fargo does not need to be a bank for developers.
Shaffer lives in Fargo.