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I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />I <br /> <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br /> TABLE II <br /> <br />PROPOSED TYPICAL ASSESSMENTS <br /> <br />Ao <br /> <br />Residential Lot <br /> <br />Front Foot Cost <br />Typical Lot Cost (330' wide) <br />Annual Lot Cost <br /> <br />$ 7.25 <br />2,392.50 <br />$440.94 <br /> <br />Commercial Lot <br />Front Foot Cost <br /> <br />Typical Lot Cost (330' wide) <br />Annual Lot Cost <br /> <br />$21.00 <br />$6,930.00 <br />$1,277.20 <br /> <br />The following table shows the total project cost with the amounts proposed to be <br />financed by assessments and MSA funds. <br /> <br />TABLE III <br /> <br />COST SUMMARY <br /> <br /> Total Estimated Project Costs <br />.Proposed Financing <br /> <br /> Residential Assessments <br /> 3786 Front Feet x $7.25 <br /> <br />$275,275.00 <br /> <br />27,448.50 <br /> <br />Commercial Assessments <br />1350 Front Feet x $21.00 <br /> <br />28,350.00 <br /> <br />MSA Funds <br /> <br />$219,476..50 <br /> <br />TOTAL FINANCED COST <br /> <br />= $275,275.00 <br /> <br />CONCLUSIONS AND RECOMMENDATIONS <br />We recommend that the city proceed with the project as proposed in this report. <br />The project is feasible and will benefit the area served. <br /> <br /> 5 <br /> <br /> <br />