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MILLER'S SOUTH GLEN PHASE II <br />ASSESSMENT COMPUTATIONS: <br />Area and Unit Fund <br />Sanitary Sewer <br />Credit for trunk Sanitary Sewer, Phase 2, $33,950.00 x 1.2 = $40,740.00 <br />Sewer Area Charge: 9.86 acres x $ 2,020.00 /acre = $19,917.20 <br />Credit - 40340.00 <br />$- 20,822.80 <br />Sewer Connection Unit Charge: 25 units x $875.00 /unit = $21,875.00 <br />Watermain <br />Credit for trunk watermain, Phase 2, $19,690.00 = $23,628.00 <br />Water Area Charge: 9.86acres x $2,154.00/acre = $21,238.44 <br />Credit - 23.628.00 <br />$ - 2,389.56 <br />Water Connection Unit Charge: 25 units x $1,413.00 /unit = $35,325.00 <br />Surface Water Management Fund <br />Surface Water Management Charge <br />9.86 acres x 43,560 sf /acre x $0.05 /sf = $21,475.08 <br />Wearing Course Fund <br />Price in the Development Agreement $20,000.00 <br />Per the developers request, the assessments were distributed equally among the 25 lots. <br />Interest Rate: 7.0% <br />Assessment Period: 15 years <br />