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consslt'n© en©'neers d'vers'f'ed ' <br /> p.o. box j. o'sseo, minnesota 55369 L-I (612) 425-2181 <br /> <br />civil <br />municipal <br />planning <br />environmental. <br />land surveying <br />geotechnics <br /> <br />Honorable Mayor and City Council <br />April 19, 1979 <br />Page Three <br /> <br />include all existing or future units in the unit assessment. <br /> <br />ALTERNATE V <br /> <br />This alternate is similar to Alternate IV with the exception of the breakdown between <br />front foot and units. Under this alternative 25 percent of the assessable cost is <br />proposed for front foot assessment and 75percent is proposed for unit assessment. <br /> <br />A table of the assessment alternatives is attached to this supplement showing the front' <br />foot costs, unit costs, and costs to the abutting subdivisions and landowners. <br /> <br />As indicated in the original study it is proposed to amortize all assessments at <br />8 percent interest for a period of 10 years. <br /> <br />'The above assessment alternatives are only examples and the City Council has <br />the discretion to adopt any equitable assessment method for the project. <br /> <br />If you have any further questions in regard to the project, please let us know. <br /> <br />Respectfully submitted, <br /> <br />CONSULTING ENGINEERS DIVERSIFIED, INC. <br /> <br />Peter R. Raatikka, P.E. <br /> <br />CC: <br /> <br />Council (5) <br />Lloyd Schnelle, City Adm. <br /> <br />File: RT3:01-23 <br /> <br />keith caswell jr. u darrell schneider ~J richard sha <br /> <br /> <br />