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08-08-1990 Council Agenda
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08-08-1990 Council Agenda
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APPENDIX NO. 2 <br />DETERMINATION OF ASSESSMENT RATES <br />Assessible Footage <br />Residential (East Side of Desoto) 50'+7(100') +1 /3 (100') - 783' <br />Industrial (West Side of Desoto) 85' +530' +130' +1 /3 (153') - 796' <br />Total Assessible Footage 1579' <br />Lateral Assessment Rates <br />Residential $40,458.50 $25.62/L.F. <br />1579' <br />Industrial $44,841.72 $28.40/L.F. <br />1579' <br />Revenue 783' @ $25.62/L.F $20,060.46 <br />796' @ $28.40/L.F. 22,606.40 <br />Lateral Assessment Revenue $42,666.86 <br />Total Project Cost <br />Lateral Assessment Revenue <br />Trunk Assessment Revenue <br />$53,608.17 <br />42,666.86 <br />$10,941.31 <br />Note: Trunk costs are typically assessed to benefit properties <br />on an area basis. <br />37205R <br />—_12- <br />Page 20 <br />
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