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Agenda - Council - 09/08/1987 - Closed Executive Session and Special Meeting
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Agenda - Council - 09/08/1987 - Closed Executive Session and Special Meeting
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Title
Closed Executive Session and Special Meeting
Document Date
09/08/1987
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ASSESSMENT REPORT <br /> <br />Date of Report: <br /> <br />File No.: <br /> <br />Project: <br /> <br />August 11, 1987 <br /> <br />RA3:01-79 <br /> <br />Improvement Project 87-7 - 158th Lane & Kamacite St. <br /> <br />Construction <br />Engineering, Inspection & Assessment <br />Fiscal & Legal <br />Administrative & Escrow <br /> <br />Total Cost <br />Number of Units <br />Cost per Unit <br /> <br />$2,003.68 <br />$200.37 <br />$40.07 <br />$120.22 <br /> <br />$2,364.34 <br /> 26.0 <br /> $90.94 <br /> <br />SCHEDULE OF ASSESSMENT: <br /> <br /> Total <br /> Project Cost <br /> <br />STREET IMPROVEMENT <br /> <br />Unit Price <br /> <br /> Units <br />Assessed <br /> <br /> Total <br />Assessment <br /> <br />$2,364.34 $90.94 <br /> <br />$90.94 <br /> <br />ASSESSMENT CALCULATED FOR EQUAL PRINCIPAL REPAYMENT: <br /> <br />Annual Interest Rate 8.6% <br />Number of Years Covered: 3 <br />Interest Start Date: 9/9/87 <br />First Period Through: 12/31/88 <br /> <br />Year <br /> <br />Principal <br /> Paid <br /> <br />Interest <br />Paid <br /> <br />Total Paid <br /> <br />Principal <br />Balance <br /> <br />1988 <br />1989 <br />1990 <br /> <br />$30.31 <br />$30.31 <br />$30.31 <br /> <br />$10.26 <br /> $5.21 <br /> $2.61 <br /> <br />$40.58 <br />$35.53 <br />$32.92 <br /> <br />$60.62 <br />$30.31 <br /> $0.00 <br /> <br /> <br />
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