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Construction
<br />Engineering
<br />Mat. Testing
<br />Easement
<br />Legal Easement
<br />Legal Other
<br />Debt Issuance Costs
<br />Const. Interest (6.5 %)
<br />Adm. Fee (2.5 %)
<br />Assessment Fee (1 %)
<br />DESOTO STREET /COSTA ESTATES
<br />IMPROVEMENT NO. 90 -21
<br />$225,000.00
<br />34,000.00
<br />2,500.00
<br />51,053.00 (Applies to streets only -
<br />945.44 LF X 27 X 2.00 = 51,053)
<br />1,900.00
<br />1,600.00
<br />8,000.00 (Fiscal, Bond Counsel, Registrar,
<br />Printing, Discount, etc.)
<br />1,700.00 ($105,000 X .065 - 365 X 91 days =
<br />1,701.58)
<br />5,625.00 (2.5% of Construction)
<br />2,250.00
<br />$333,628,00
<br />Construction Cost Breakdown:
<br />Sanitary Sewer 36,113.45 X 1.2558889 = 45,354.48
<br />Watermain 10,329.05 X 1.2558889 = 12,972.14
<br />Services 6,557.50 X 1.2552889 = 8,235.49
<br />Storm Sewer 37,000.00 X 1.258889 = 46,467.89
<br />Streets 135,000.00 X 1.2558889 = 169,545.00 + 51,053 = 220,598.00
<br />225,000.00 333,628.00
<br />- 45,354.48
<br />- 12,972.14
<br />- 8,235.49
<br />- 46,467.89
<br />Cost Factor:
<br />333,628 - 51,053 (Easement = 282,575)
<br />282,575 _ 225,000 = 1.2558889
<br />City Costs:
<br />Valving for future watermain extension
<br />$2,014.05 X 1.2558889 = $2,529.42
<br />Total Costs: 333,628.00
<br />Less: City 2,529.42
<br />To Be Assessed: 331,098.58
<br />Breakdown of Costs to be Assessed:
<br />Sanitary Sewer
<br />Watermain
<br />Services
<br />Storm Sewer
<br />Streets
<br />45,354.48
<br />10,442.72
<br />8,235.49
<br />46,467.89
<br />220,598.00
<br />331,098.58
<br />Page 6
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