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<br />2 <br /> <br /> Original Report Amended Report <br />Item Estimated Project Cost <br />Reclamation <br />Estimated Project Cost <br />Mill & Overlay <br />Street $220,937 $143,225 <br />Storm Sewer $152,022 $152,022 <br />Total $433,705 295,247 <br /> <br />Additionally, the Feasibility Report Amendment #1 details a modified cost allocation for the sanitary <br />sewer extension along Ryan Drive. The current policy of 100% assessment for sanitary sewer <br />infrastructure is typically enforced at the time of development. When a new sewer segment must be <br />installed after development has occurred, it is much more costly to work within the constraints of <br />existing infrastructure. Installing sanitary sewer on Ryan Drive is made even more difficult by the <br />way the original Ryan Industrial Park development was set up. The existing sanitary sewer main on <br />Ryan Lane is too shallow to allow for a gravity main on Ryan Drive and connecting to the Country <br />Drive system presents the same issues. As such, staff is recommending a deviation from the <br />Assessment Policy to make this project financially viable. Based on the modified cost allocation <br />below, the City of Little Canada would be responsible for $32,246 of the sanitary sewer extension. <br />This reduces the assessed amount for public sanitary sewer improvements from $20,250 to $9,500. <br />Property owners would still be responsible for the cost to install a grinder pump and connect to the <br />City’s system near their property line. <br /> <br />The table below outlines the estimated costs for the public sewer system, the cost to each property for <br />a private service, and a net cost to each property after accounting for both the public and private costs. <br />Consistent with the original Feasibility Report, the $9,500 assessments would be deferred until <br />connection is made or until the property ownership changes, whichever occurs first. <br /> <br /> Original Report Amended Report <br />Item Assessments ICI Fund Assessments ICI Fund <br />Public Forcemain $60,746 $28,500 $32,246 <br />Per Parcel: $20,250 $9,500 <br /> <br />Private Service Fut. Private Cost Fut. Private Cost <br />Est. Per Parcel: $23,500 $23,500 <br /> <br />Net Cost Per Parcel $43,750 $33,000