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AMENDED <br />THUNDER BAY DRAINAGE <br />IMPROVEMENT NO. 89 -14 <br />Ditches A -C Ditch D <br />Construction Contract 66,920 21,735 <br />Contingency (5 %) 3,345 1,085 <br />Engineering 15,475 5,025 <br />Legal (5% Actual) 1,455 345 <br />Administration Fee (2.5 %) 1,795 425 <br />Assessment (1 %) 700 230 <br />Total <br />Ditches A -C <br />50/50 Basis $89, <br />City Share = $44, <br />Assessable = $44, <br />Note $622.85 X <br />Total <br />88,655 <br />4,430 <br />20,500 <br />1,800 <br />2,220 <br />930 <br />$89,690 $28,845 $118,535 <br />690 X 50% = $44,845 <br />845 <br />845 _ 72 lots = 622.85/lot <br />72 = $44,845.20 <br />Ditch D <br />Greenbrier lots = 1/2 of Ditch A -C rate given the fact their <br />drainage goes to two ditches. (Greenbrier and Ditch D) <br />1/2 X $606.02 = $303.01 X 4 lots = $1,212.04 <br />Total ditch cost = $28,845 - $1,212.04 (Greenbrier assessment) = <br />$27,632.96 <br />Contract Adjustment Factor = $118,535 4 $88,655 = 1.337 <br />City Costs pursuant to contract line items = 5,570 X 1.337 = <br />7447.09 <br />Ditch Total <br />Less Greenbrier Assessment <br />City Project Costs <br /># of Lots <br />Gross Assessment <br />Less: Project Credit <br />Culvert Credit <br />Easement Credit <br />$28,845.00 <br />- 1,212.04 <br />- 7,447.09 <br />20,185.87 <br />. 5 <br />$ 4,037.17 per lot <br />Lots <br />1 <br />4,037.17 <br />606.01 <br />-0- <br />1,523.19 <br />1,907.97 <br />1 through 5, Block 2 <br />2 3, 4, & 5 <br />4,037.17 4,037.17 <br />606.01 606.01 <br />-0- 1,100.00 <br />1,178.00 1,178.00 <br />2,253.16 1,153.16 <br />Page 5 <br />