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4/16/2021 <br />5 <br />Project Funding <br />Assessment Policy – Mill and Overlay <br />•Properties assessed on front foot basis <br />•Commercial/Industrial/Church – 50% <br />•Properties assessed on unit basis <br />•Residential – 50% <br />•Interior Lots – 1 unit <br />•Corner Lots – 0.5 unit on each roadway <br />Project Funding <br />Proposed Improvements Assessments City Cost Total <br />Total Street Improvements 189,300.00$         700,700.00$         890,000.00$          <br />Total Sanitary Sewer Improvements ‐$                         192,680.00$         192,680.00$          <br />Total Water Main Improvements (1)22,300.00$           203,700.00$         226,000.00$          <br />Total Storm Sewer Improvements (2)37,400.00$           69,600.00$           107,000.00$          <br />Total Mill and Overlay Improvements 278,500.00$         563,500.00$         842,000.00$          <br />Total Foss Road Sanitary Sewer Improvements ‐$                         56,320.00$           56,320.00$            <br />Total Alternate 33rd Street Storm Sewer Improvements ‐$                         69,000.00$           69,000.00$            <br />Total Proposed Improvements**527,500.00$         1,855,500.00$     2,383,000.00$      <br />2021 STREET AND UTILITY IMPROVEMENT PROJECT <br />City of St. Anthony Village, Minnesota <br />Project Costs and Proposed Funding <br />1. Replacement of curb stops are assessed 100% of the actual co st. <br />2. Local drainage improvements. <br />**Project Funding from Special Assessments and 429 Public Imrov ement Bonds. <br />31