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Puma Street Development Initiated Expansion and Safety Improvement Project (IP 20-04) <br />Final Assessment Amount <br />Total Project Costs <br />$795,732.74 <br />Trunk Utilities <br />-$307,415.53 <br />Subtotal <br />$488,317.21 <br />Municipal Contribution to <br />Collector Road <br />-$149,200.00 <br />Final Assessment Amount <br />$339,117.21 <br />Based on City Council directed target of 33.3% (1/3) of total <br />project costs minus utilities. <br />Final Assessment Roll <br />Property/Party <br />Net Acreage <br />Percentage <br />Assessment Amount <br />Paxmar/AKM Farms (Outlot A, <br />Alpha Development) <br />30.50 <br />41.5% <br />$140,733.64 <br />City (Outlot B, Alpha <br />Development 2nd Addition) <br />2.91 <br />4.0% <br />$13,564.69 <br />Capstone/Riverstone (Outlot H, <br />Riverstone = 38.97 Acres + <br />Outlot A, Alpha DevelopmentIV <br />= <br />2nd Addition 1.09 Acres) <br />dil% <br />,o) «0 <br />40.06 <br />, C,© <br />K , ) <br />( �.►�54.5% <br />$184,818.88 <br />Total <br />,� �73.47 <br />m. 0 ,' 100.0% <br />$339,117.21 <br />Total City Contribution ` ' <br />0 <br />Assessment Amount as Real,, <br />Property Owner <br />? <br />$13,564.69 <br />Municipal Contribution to <br />Collector Road <br />0 <br />2e1 <br />149,200.00 <br />Total ai,A <br />$162,764.69 <br />Percentage of Total Project <br />Minus Utilities <br />33.33% <br />(.) <br />4.7 <br />(.) <br />0 , <br />14‘ <br />Total Contribution by Party «« ‘Ir <br />Property/Party <br />Amount <br />Percentage <br />Paxmar/AKM Farms (Outlot A, <br />Alpha Development) <br />$140,733.64 <br />28.82% <br />City (Outlot C, Alpha <br />Development) + Municipal <br />Contribution to Collector <br />$162,764.69 <br />33.33% <br />Capstone/Riverstone (Outlot H, <br />Riverstone) <br />$184,818.88 <br />37.85% <br />Total Project Costs minus <br />Utilities <br />$488,317.21 <br />100.00% <br />Based on City Council directed target of <br />33.3% (1/3) of total project costs minus <br />utilities. <br />