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06/11/2007 Council Packet
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06/11/2007 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
06/11/2007
Council Meeting Type
Regular
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The Street/Storm Assessment Rates are calculated as shown below. <br />Street/Drainage <br />Total Street and Drainage Cost $ 3,439,000.00 <br />Trail Credit $ (228,645.00) <br />Total Front Frontage 16,741.00 <br />Calculated Assesment Rate (CAR) $ 95.88 <br />Maximum Assessment Rate (MAR) $ 83.10 <br />Lot/Unit Assessment Rate ($ /Lot) $ 7,479.00 <br />Total To Be Assessed $ 932,406.93 <br />The total cost to install new utilities is assessed 100% to the benefiting properties as <br />defined in Section XVII, Municipal Utilities in the Pavement Management Policies. <br />The Forcemain Sanitary Sewer Assessment Rates are calculated as shown below. <br />Forcemain Sanitary Sewer <br />Constriction Cost $ 213,000.00 <br />Unit Cost $ 232,650.00 <br />Trull( Credit $ (18,500.00) <br />Assessable Units 90 <br />Lot/UnitAssessment Rate ($/Lot) $ 4,746.11 <br />Total To Be Assessed $ 427,150.00 <br />The Gravity Sanitary Sewer Assessment Rates are calculated as shown below. <br />Gravity Sanitary Sewer <br />Construction Cost $ 214,000.00 <br />Unit Cost $ 82,720.00 <br />Truk Credit $ <br />Assessable Units 32 <br />Lot/UnitAssessment Rate ($/Lot) $ 9,272.50 <br />Total To Be Assessed $ 296,720.00 <br />Unit Cost is the City Sanitary Sewer Unit Charge of $2,585.00. <br />The Watermain Assessment Rates are calculated as shown below. <br />Vvatemzain <br />Constn. cfion Cost $ 985,000.00 <br />Unit Cost $ 416,630.00 <br />Tn.h Credit $ (182,100.00) <br />Assessable Units 122 <br />Lot/UnitAssessment Rate ($/Lot) $ 9,996.15 <br />Total To Be Assessed $ 1,219,530.30 <br />Unit Cost is the City Water Trunk Utility Unit Charge of $3,415.00. <br />Page 12 13849.005 <br />
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