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10-24 & 25-1995 Council Agenda
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10-24 & 25-1995 Council Agenda
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7/23/2014 12:46:30 PM
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KELLER PARKWAY <br />IMPROVEMENT NO. 93 -10 <br />WATER MAIN IMPROVEMENT <br />ASSESSMENT HEARING <br />Cost Summary: <br />Total Project Costs <br />Assessed Amount <br />City Cost <br />Project Costs: <br />Improvement Hearing Final Costs <br />$240,000 <br />$101,200 <br />$138,800 <br />Construction Costs $199,033 <br />Engineering and Testing 36,563 <br />Legal 1,763 <br />Fiscal 3,609 <br />Publish, Admin. & Assess. Fee 7,110 <br />Construction Interest (5 %) 1,909 <br />Total Project Cost $249,987 <br />Assessment Rate: <br />Water Main: <br />Without Cap: $249,351/23 = $10,841 per lot <br />With Cap: $4,510.00 X 23 = $103,730.00 <br />Capitation Calculation: <br />4,400 <br />=1.025 CPI adjustment 1994 to 1995 <br />4,510 (Mid -year to Mid -Year) <br />Page 41 <br />$249,987 <br />$103,730 <br />$146,257 <br />
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