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Easement Credit = Square footage of easement X 1.55. <br />Project Credit = 50% City share as used in Ditches A -C. <br />Culvert Credit = Reimbursement of costs for existing corrugated metal <br />pipe installed at property owner's expense. <br />*Note: At this time, property owner has indicated his unwillingness <br />to dedicate easement to project. Therefore, pipe is proposed <br />to be relocated to avoid need for easement and no credit is <br />applied. Should property owner change his position in this <br />matter in time to allow plans to proceed as designed, credit <br />would be applied and assessment would be the same as for <br />Lots 3 and 5. <br />Ditch D Assessments <br />Greenbrier 4 @ 303.01 = $ 1,212.04 <br />Lot 1 1 @ 1,907.97 = 1,907.97 <br />Lot 2 1 @ 2,253.16 = 2,253.16 <br />Lot 3,4,5 3 @ 1,153.16 = 3,459.48 <br />Total Ditch D = 8,832.65 <br />Total A -C = 44,845.20 <br />Total Assessed $53,677.85 <br />Total Assessed $53,677.85 <br />City Share 64,857.15 <br />Total $118,535.00 ** <br />* *Note: $2,263 of price year's (pre -1990) engineering costs not <br />included in this total. <br />Page 6 <br />