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I <br /> <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 />I <br />I <br /> <br />FINANCING AND ~ <br /> <br />In ~oco~c~m~ce with the City of ~msey's o~rrent street assesmnent policy, the <br />p~oposed ~N0rovements are proposed to be financed by special assessments to the <br />benefited proper~y on a per unit basis. Counting Outlot A as cx~e t~_it, the <br />~otal member of assessed ~aits is 31. <br /> <br />T~e benefited area is sho~0 c~ E~hibit A. <br /> <br />The following table provides a cost stmmary for the project based cn the total <br />estimated cost, %~it oost and amr~ual arortized %~it oosts projected at te~ <br />percent (10~) interest for a period of ten (10) years. <br /> <br />Total Cost <br /> <br />Total Units <br /> <br />Cost per Unit <br /> <br />Arnual thit Cost ( 10 Y~ars) <br /> <br />$59,650.00 <br /> <br /> 31 <br /> <br /> $1 , 92~. 19 <br /> <br /> $313.07 <br /> <br />CONCLUSION~ AND R~C~DATIC~ <br /> <br />The proposed improvements are feasible a~d will ber~fit the area serwed. <br />~ that the City pm0ceed with the improvements as presented. <br /> <br />It is <br /> <br />5 <br /> <br /> <br />