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I <br />I <br />i <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br /> <br />Benefited Property <br /> <br />River's Bend 2nd Add. <br />Ramsey Center Property <br /> <br /> TABLE IV <br /> <br />SUMMARY OF ASSESSED COSTS <br /> <br /> Total Assessment <br /> <br /> $30,317.98 <br /> $52,492.02 <br /> <br />Annual Cost* <br /> <br />$5,147.99 <br />$8,913.14 <br /> <br />*Based on an eleven percent (11%) interest rate and a ten (10) year <br />assessment period. <br /> <br />It should be noted that the above costs cover only sanitary sewer <br />and watermain lateral costs and they do not include trunk <br />assessments or any hookup charges. <br /> <br />VI. <br /> <br />PROJECTED PROJECT SCHEDULE <br /> <br />If the City should elect to proceed with the improvements, the <br />following schedule could be anticipated: <br /> <br />Accept feasibility study <br /> <br />Hold public hearing <br /> <br />Order plans & specifications <br /> <br />Change order project to River's Bend <br /> project under construction <br /> <br />Complete construction <br /> <br />Assessment hearing <br /> <br />First payments due with real estate <br /> taxes <br /> <br />January 22, 1985 <br /> <br />March, 1985 <br /> <br />March, 1985 <br /> <br />April, 1985 <br /> <br />May 10, 1985 <br /> <br />August 1, 1985 <br /> <br />1986 <br /> <br />7 <br /> <br /> <br />