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VANDERBIE /ALLEN STREET AND WATER MAIN IMPROVMENTS <br />LITTLE CANADA, MINNESOTA <br />Our File No. 37213 <br />ASSESSMENT HEARING <br />Cost Summary: <br />Total Project Costs <br />Assessed Amount <br />City Cost <br />Project Costs: <br />Construction Cost <br />Public Hearing <br />$621,696.00 <br />$458,180.00 <br />$163,516.00 <br />Engineering and Testing <br />Legal <br />Fiscal <br />Publish., Admin. and Assess. Fee <br />Construction Interest (5 %) <br />Subtotal <br />Total Project Cost <br />Assessment Rate: <br />$405,000 <br />$53,398 <br />$577 <br />$6,997 <br />$14,654 <br />$4,737 <br />$80,363 <br />$485,363 <br />Final Costs <br />$486,038.00 <br />$307,609.00 <br />$178,429.00 <br />Street: 8 "/3" (30' wide) (85/15) $160,446 <br />Curb and Gutter (100 %) $34 726 <br />Assessed Amount $195,172 <br />Front Footage: 5922.45 Lin. Ft. <br />Assessable Front Footage: 4620.74 Lin. Ft. <br />Assessment Rate: $195,172 = $42.238/L.F. <br />4620.74 Lin Ft. <br />Water Main: Construction Cost <br />Other Costs <br />Less W.M. oversizing <br />Assessed Amount <br />$96,000 <br />$19,049 <br />- $3,287 <br />$111,762 <br />Assessment Rate: $111,762 = $2280.8571/Lot <br />49 Lots <br />Service Connections: 9 lots @ $75 /Lot = $675.00 <br />Page 13 <br />