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ESTIMATED S'roRM SEWER IMPROVEMENT COST <br />NORTH ARLAN AND ARLAN DRAINAGE BASINS <br />MAY 6, 1986 <br />Estimated Construction Cost $ 442,000.00 <br />Legal and Administrative 6,630.00 <br />Basic Engineering 42,200.00 <br />inspection and Staking 22,100.00 <br />Contingency 44,200.00 <br />Bond Sale Costs 15,000.00 <br />Interim Financing 13,260.00 <br />ESTIMATED TOTAL COST $ 585,190.00 <br />USE $ 585,000.00 <br />Assuming bonds are sold with a term of 15 years and the p wjrut <br />cost is assessed at 8.59 interest, the estimated annual <br />cost is as foiiows: <br />Estimated ancua'_ cost - (estimatel total cost) x lrapital <br />recovery factor) _ $585,000 x 0.12042 <br />$70,445.70,'year <br />Estimated annual cos'_ _ $70,445.70/year <br />Estimated monthly cost = $5,870.48/month <br />F.Stimated drainage area - 340 acres 14,810,400 sq. ft. <br />Estimated monthly cost per sq. ft. - $0.000,3964/sq. ft.%munt)i <br />Estimated cost for typical home <br />20,000 sq. ft. x $0.000,3964/sq <br />4 <br />100 ft. x 200 ft. <br />ft. _ $7.93/month <br />or $95.14/year <br />