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I <br />! <br />I <br />! <br />! <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 />COST SUMMARY <br />BREAKDOWN OF COSTS <br /> <br />Watermain portion of project cost <br />Sanitary sewer portion/project cost <br /> <br />Total estimated project cost <br /> <br />$19,700 <br /> 53,300 <br /> <br />$73,000 <br /> <br />Sanitary Sewer Cost Allocation <br /> <br />Anoka PIN ~ize <br /> <br />Zoninq R.E.C. <br /> <br /> Cost <br />Share Allocation <br /> <br />25 32 25 31 0004 <br />25 32 25 31 0002 <br />25 32 25 31 0003 <br /> <br />5.0 AC B-1 27.5 25.4% $13,540 <br />2.1 AC R-3U 14.7 13.6% $ 7,250 <br />12.0 AC B-1 66.0 61o0% $32,510 <br /> 108.2 $53,300 <br /> <br />Water Main Cost Allocation <br /> <br />Anoka PIN Size Zoning R.E.C. <br /> <br />25 32 25 31 0003 12.0 AC B-1 66.0 <br /> <br /> Cost <br />Share Allocation <br /> <br />100.0% $19,700 <br /> <br />PROPOSED ASSESSMENT <br /> <br />Total proposed assessment for current collection is proposed <br />only against the one property fully served, Anoka PIN 25 32 <br />25 31 0003. <br /> <br />Lateral sanitary sewer <br />Lateral water main <br /> <br />Trunk sewer assessment 66 R.E.C. at $421.00 <br />Trunk water assessment 66 R.E.C. at $936.00 <br />Total estimated assessments <br />Less estimated project costs <br />Estimated transfer to trunk sewer and water fund <br />Annual cost of assessment over 10 years <br /> <br />$ 32,510 <br /> 19,700 <br />$ 52,210 <br />27,786 <br />61,776 <br />$114,772 <br /> 73,000 <br /> $ 68,772 <br /> $ 17,881o48 <br /> <br />The annual assessment was based on amortizing the $114,772 <br />over ten yuears at nine percent interest. <br /> <br />At a future date, when water is extended to those properties <br />east of T.H. 47 and the benefits from the sanitary sewer <br />construction serves these properties, the lateral assessment <br />identified should be made. <br /> <br /> <br />