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0 <br />The project will be completed as a City project under the Chapter 429 process. Project <br />Elicosts will be assessed to adjacent properties benefitting from the improvement. In the <br />Assessment Rate Summary Table that follows, the assessment amount for a typical lot with 80 <br />feet of frontage is determined. <br />1M <br />Assessment Rate Summary <br />(Typ.80'Lot) <br />Project Total Assessable Assessment Assessment <br />MIPHASE 1 Cost Lots or Footage Rate Amount <br />Street $219,779 2854 L.F. $71.51/L.F.* $ 5,721.07 <br />San. Sewer 41,707 12 Lots $3475.59/Lot 3,47558 <br />Water Main 9.058 12 Lots $754.83/Lot 754.83 <br />Total $270,544 <br />$ 9,951.48 <br />* The assessment was determined using an adjusted 32' street width cost of $204,099. <br />yp.80'Lot) <br />Project Total Assessable Assessme • Assessment <br />PHASE 2 Co t Lots or Footage Amount <br />Street $183,206 22 Lots $8327.54/Lot $ 8,327.54 <br />San. Sewer 47,100 _ $2140.91/Lot 2,140.91 <br />Water Main 38.015 22 Lots $1727.95/Lot 1.727.95 <br />Total ., 21 $12,196.40 <br />37207.RPT <br />11. <br />Page 71 <br />