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<br /> <br />- 8 - <br /> <br /> <br />Table 2 summarizes the total project cost that will be borne by the City and the cost that <br />will be assessed to the benefited properties. A preliminary assessment roll has been <br />prepared and is shown in Appendix C. <br /> <br />Table 2 <br />City Costs vs. Assessable Costs <br /> <br />LOCATION TOTAL <br />COST <br />CITY <br />COST % CITY ASSESSED <br />COST <br />% <br />ASSESSED <br />Vanderbie Road $280,000.00 $160,000.00 57.1% $120,000.00 42.9% <br /> <br />Rose Place and Lakeshore $490,000.00 $364,880.50 74.5% $125,119.50 25.5% <br /> <br />Labore Avenue $400,000.00 $278,499.10 69.6% $121,500.90 30.4% <br /> <br />TOTAL $1,170,000.00 $803,379.60 68.7% $366,620.40 31.3% <br /> <br /> <br /> <br />XII. SUMMARY <br /> <br />The project is feasible from an engineering standpoint and meets all standards set forth <br />by the City. The rehabilitation or reconstruction of these streets would be another step in <br />improving the street infrastructure within Little Canada and advancing the pavement <br />management program.