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4D, 2011 PMP Feasibility Report
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4D, 2011 PMP Feasibility Report
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decided that the multi-family/townhouse units would be assessed for the portion of the <br />improvement costs to their neighborhood streets of Arden View Court and Arden View Drive <br />only. All of the other street improvement costs within the 2011 PMP project will be considered <br />for the single-family REU rate. The following table outlines the various assessment rates. <br />ASSESSMENT RATES <br />Property Type Street Costs Assessab�le Total Cost per <br />Costs 50 /o Units Unit <br />Single-family * $ 962,900 $ 481,450 138.0 $ 3,489 <br />Multi-family/townhouse $ 428,000 $ 214,000 306.0 $ 699 <br />Totals $ 1,390,900 $ 695,450 <br />* Includes larger properties that can be further <br />subdivided and tax-exempt equivalent units. <br />16 <br />
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