Laserfiche WebLink
I <br /> <br /> I! <br /> II <br /> Il <br />,, I! <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />The assessed cost per typical residential lot would be equal to <br />$3,820.57. The assessed cost for the quad lots along the MSA <br />street would not include storm sewer and only $331.25 for the <br />street assessment for a total assessed cost of $2,432.27. <br /> <br />The following table provides a summary of the financing: <br /> <br /> TABLE VI <br />SUMMARY OF FINANCING <br /> <br />Proposed Funding Source <br />Outlot "J" 7 R.E.C. <br />Residential Lots (55 R.E.C.) <br />Quad Lots (16 R.E.C.) <br /> <br />City Shop (4 R.E.C.) <br /> <br />MSA Funds <br /> <br />Total Funding: <br /> <br />.C_0st/R. E. C. <br /> <br /> $3,820.57 <br /> 3,820.57 <br /> 2,432.47 <br /> <br /> 951.22 <br /> <br /> N/A <br /> <br />Total Funding <br /> <br />$ 26,743.99 <br />210,131.35 <br />38,919.52 <br />3,804.88 <br />41~500.00 <br />$321,099.74 <br /> <br />The following table shows a summary of the R.E.C. costs and the <br />annual amortized R.E.C. costs projected at nine percent-(9%) <br />interest for an assessment period of five (5) years. <br /> <br />10 <br /> <br /> <br />