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MILLER'S SOUTH GLEN PHASE I <br />ASSESSMENT COMPUTATIONS: <br />Area and Unit Fund <br />Sanitary Sewer <br />Credit forTrunk Sanitary Sewer, Phase 1, $16,280.00 x 1.2 = <br />Sewer Area Charge: 10.83 acres x $ 2,020.00 /acre = <br />Credit <br />Sewer Connection Unit Charge: 24 units x $875.00 /unit = <br />$19,536.00 <br />$21,876.60 <br />- 19.536.00 <br />$ 2,340.60 <br />$21,000.00 <br />Watermain <br />Water Area Charge: 10.83 acres x $2,154.00/acre = $23,327.82 <br />Water Connection Unit Charge: 24 units x $1,413.00 /unit = $33,912.00 <br />Surface Water Management Fund <br />Surface Water Management Charge <br />10.83 acres x 43,560sf /acre x $0.05 /sf = $23,587.74 <br />Ware Road Construction Assessment $98,000.00 <br />Engineering Costs Assessment $53,076.67 <br />Wearing Course Fund <br />Price in the Development Agreeement $19,875.00 <br />Per the developers request, the assessments were distributed equally among the 24 lots. <br />Interest Rate: 7.0% <br />Assessment Period: 15 years <br />