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Agenda - Council Work Session - 08/28/2018
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Agenda - Council Work Session - 08/28/2018
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3/17/2025 2:55:03 PM
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8/29/2018 8:58:23 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
08/28/2018
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• DEBT LEVIES: <br />o Road Reconstruction Funding: New debt levies (Note Total Debt Issuance <br />below) <br />o Levy Year <br />• 2019: Stanhope Terrace, Riversbend & Overlays: $110,764 (Est Annual levy 10 <br />years) <br />• 2020: Ford Brook Estates, Brookview, Hy-10 & Wood Pond Hills and Chestnut <br />Ridge: $111,559 (Est Annual levy 10 years) <br />• 2021: Barthels Rum River & Overlays: $238,934 (Est Annual levy 20 years) <br />• 2022: Riverdale Drive (Feldspar to Tungsten St) & Overlays: $194,063 (Est <br />Annual levy 20 years) <br />• 2023: Autumn Heights/Variolite St & Overlays: $191,901 (Est Annual levy 20 <br />years) <br />o Capital Equipment — See 5-Year Capital Equipment List <br />o Public Works Campus: 2022 first levy year: Annual levy: $732,457 <br />(Est for 20 year levy) <br />Other: Debt Levies: <br />Debt Issuance: Amount shown reflects total NEW Debt issued (see tax Capacity <br />rate sheet for detail of annual levy amounts) <br />Issue Date <br />2019: $1,166,000 (2019 Road Projects — Ford Brook, Brookview, Hy-10 & <br />Wood Pond Hills & Chestnut Ridge) <br />2020: $2,200,000 Capital Equipment Certificates (Fund 2020-2023 Capital) <br />2019: $9,669,000 (Public Works Campus) <br />2020: $3,838,872 (2020 Road Projects — Barthels Rum River & Overlays) <br />2021: $3,053,435 (2021 Road Projects — Riverdale Drive & Overlays) <br />2022: $2,957,645 (2022 Road Projects — Autumn Heights/Variolite & <br />Overlays) <br />2022: $10,250,000 (Public Works Campus) <br />4 <br />
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