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'1 <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I. <br /> I <br /> i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> i <br /> I <br /> <br />VI. <br /> <br />Basefl on the residents providing the temporary easements, the <br />costs of the project are limited to the feasibility study and <br />minor c~nstruction by the city. The following table shows the <br />es~i~ated project costs: <br /> <br />TABLE I <br />Estimated Costs <br /> <br />Feasibility Study & Su_~veying <br />Cons~_-uction Cos~ <br />Total Project Cost: <br /> <br />$1,500 <br />$1,000 <br />$2,500 <br /> <br />ME_THUDS OF FINANCING <br /> <br />One Method to finance the project is to use funds generated <br />from: the RUm River Taxing District. knot_her method of <br />financing the project is to use the City's maintenance funds. <br />The City's policy for the ex"penditure of funds from the storm <br />sewer taxing districts states that the cost of al! t_--unk <br />systems and all costs associ~%e~ with the maintenance, <br />_econs~ruc,_ng, repairing or improving existing storm sewer <br />systems shall be paid for through the sto_--m sewer taxing <br />districts. <br /> <br />Zf the sto_~m sewer uaxing district financing is used, a public <br />hearimg would be required which could increase the cost of the <br />project apprcximate!y 20 percent. The following table shows <br /> <br />a one!veer tax capacity rate increase ~ - <br /> . . ~o_ the Rum River Taxing <br /> <br />District and increases in taxes {~'taxing district financing <br />is used: <br /> <br />5 <br /> <br /> <br />