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Based on ~he residents providing the temporary easements, the <br />costs of the project are limited to the feasibility study and <br /> 44. <br />minor c~nstruction by the Ci~y. The following table shows the <br /> <br />estim, ated project costs: <br /> <br />TABLE I <br />Estimated Costs <br /> <br />Feasibility Study & Su-~veying <br />Construction Cost <br />Total Project Cost: <br /> <br />$1,500 <br />$1,000 <br />$2,500 <br /> <br />.MT_THODS OF FINANC!N~ <br />One method to finance the project is to use funds generated <br />from the Rum River Taxing District. Another method of <br /> , maintenance funds. <br />~_nanc- g the project is to use the City s <br />The city's policy for the expenditure of funds from the sto_--m <br />sewer taxing districts states that the cost of all t.-unk <br />systems and all costs associ~%e~ with the maintenance, <br /> <br /> · w ~' improving existing storm sewer <br />reconst---ucting, _epa._ing or <br /> systems shall be p~id for through the sto_--m sewer taxing <br /> <br />districts. <br /> <br /> __nan~_ng is used, a Dub!ic <br />if the sto-~m sewer hexing district =~ ~ - <br /> <br />hearing would be required which could increase the cost of the <br />project apprcximate!y 20 percent. The following table shows <br />a one year tax capacity rate increase for the Run River Taxing <br /> · ~ax_ng district =inancing <br />District and increases in taxes ~*·.~ ~ - <br /> <br />is used: <br /> <br />5 <br /> <br /> <br />