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Minutes - Council - 04/29/1986
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Minutes - Council - 04/29/1986
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Meetings
Meeting Document Type
Minutes
Meeting Type
Council
Document Date
04/29/1986
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REVISED TABLE V <br /> INDUSTRIAL SERVICE AREA TRUNK SANITARY SEWER <br /> <br /> FINANCING SU~LMA/~Y <br /> (R.E.C. Basis) <br /> Estimated Net Trunk Cost <br /> Charge per R.E.C. <br /> Total R.E.C.'s* <br /> Total Assessed Cost (1271.8 x $390.10) <br /> Tax Increment Financing <br /> <br />* One-acre Commercial/Industrial Lot = 5.5 R.E.C.'s <br /> <br />$670,200 <br /> <br />$390.10 <br /> <br /> 1271.8 <br />$496,129.18 <br />$174,070.82 <br /> <br /> REVISED TABLE VI <br /> <br />INDUSTRIAL SERVICE AREA WATER TRUNK & SOURCE FACILITIES <br /> <br /> FINANCING SUmmARY <br /> Water Source Facilities <br /> Net Water Trunk Facilities <br /> <br />.Total Water Facilities Cost <br /> Total Assessable R.E.C.'s <br /> R.E.C. Charge * <br /> <br />Assessed Cost (1000.4 x $867.65) <br /> <br /> Revenue to be Applied Towards Future <br /> Storage Facilities <br /> <br />$104~000 <br /> <br /> 304~450 <br />$408,450 <br /> <br /> 1000.4 <br />$867.6~ <br />$867,997.06 <br /> <br />$459,547.06 <br /> <br />* This charge represents the total cost to be assessed <br /> for trunk source and storage. <br /> <br /> <br />
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