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Minutes - Council - 04/26/1988
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Minutes - Council - 04/26/1988
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Meetings
Meeting Document Type
Minutes
Meeting Type
Council
Document Date
04/26/1988
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TABLE III <br />ESTIMATED FRONT FOOT <br /> <br />ASSESSMENT COSTS <br /> <br />A. Street Construction <br /> <br />Estimated Cost with Overhead <br />Total Assessable Front Feet <br />Cost per Front Foot <br />Assessed Cost Commercial MSAS = <br /> 50% × $44.78 = <br />Assessed Cost Residential = <br /> 72% × $22.39 = <br /> <br />B. Right-of-Way Acqusition <br /> <br />Estimated Cost of Right-of-Way <br />Total Assessable Front Feet <br />Cost per Front Foot <br />Assessed Cost Commercial MSAS <br /> 50% × $19.16 = <br />Assessed Cost Residential MSAS <br /> 82.5% x $9.58 = <br /> <br />City Council <br />public Hearing <br />April 26, 1988 <br />Attachment A <br />Page 2 of 3 <br /> <br />$461,800.00 <br /> 9,070.50 <br /> $44.78 <br /> <br />$22.39/FF <br /> <br />$16.12/FF <br /> <br />$173,800.'00 <br /> 9,070.50 <br /> $19.16 <br /> <br />$9.58/FF <br /> <br />$7.90/FF <br /> <br />Estimated Total Assessment <br /> per Front Foot <br /> Residential <br /> Commercial <br />Estimated Annual Assessment per <br /> (10 year term) <br /> Residential: <br /> Commercial: <br /> <br />--. $ 24.02 <br />-.. $ : 31.97 <br /> <br />$ 3.74 <br />$ '4.98 <br /> <br /> <br />
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