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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 IV <br />SUMMARY OF STORM SEWER <br /> <br />FINANCING <br /> <br />City Council <br />Public HUaring <br />April 26, 1988 <br />Attachment A <br />Page 3 of 3 <br /> <br /> Type of Financinq <br />Taxing <br />Assessment MSA Funds District <br /> <br />A. Front St. Storm Sewer Ext. <br />B. Riverside West Storm Sewer <br /> Extension <br />C. Hamilton/Holasek Lateral <br />D. Sunfish Lake Blvd. Trunk <br /> Storm Sewer <br /> <br />Total Cost <br /> <br />0 $16,900 0 $16,900 <br />0 15,400 0 15,400 <br /> <br />$19,.600 9,700 0 29,300 <br />0 23,200 $69,500 92,700 <br /> <br />Totals: $19,600 $65,200 $69,500 $154,300 <br /> <br /> TABLE V <br />MISSISSIPPI RIVER TAXING DISCTRICTS <br />ANNUAL COSTS* <br /> <br /> Estimated Mili'L~vy .- <br /> Estimated Increase in Taxes for $80,000 <br /> Home <br /> Estimated Increase in Taxes for $80,000 <br /> Commercial Building <br />.Estimated Increase in Taxes for $80,000 <br /> of Land <br /> <br />0.7 mills <br /> <br />$10.36/year <br /> <br />$17.78/year <br /> <br />$22.40/year <br /> <br />*Amortized at 8% over 10 years. <br /> <br /> <br />
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