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CC 02-08-1960
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CC 02-08-1960
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10/24/2024 9:19:10 AM
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11/27/2006 9:03:10 AM
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� <br />� <br />12 <br />• your service or your special assessments on a yearly bacis. <br />Then, your service stub of $5G.00 from the center of the street <br />to your home, and the taxes that a home like that would be payinq <br />is nearly 3500.00. We show there would be no millage increase. <br />5o your taxes should remain at �49C.00 and your service charge of <br />�36.00. The first year is your worst year bocauae if you don't <br />pay up in advance you have one-twentieth of the principal plus the <br />carrying charge of 5� on the full amount so 5M on the total of <br />No. 1 and No. 3 you see, that's 5850.00. 5R� on the full $850.00 <br />plus one-twentieth works out to $85.00. And that then would be the <br />first year's cost of your assessmmnt which would be collect�d aiong <br />with your real estate taxes on May 31 and Octobar 31 of each yaar <br />thereafter. Nol 8 we show the avera9e annial asseasment. The average <br />� annual assessment is that coet spread over the whole 20 yea�ea btcause <br />bear in mind, in the twentieth year you're paying one-twentieth of <br />�85G.00 which is 542.50 and 595 on $42.50 would be just a little <br />over �2.OQ so your total cost that last year is $45.00. The first <br />yeaz is �65.00 and averaging it out over 2C years runs it out <br />tc 363.25. In Pdc. 9 we said the per�month cost which again would be <br />your �:orst month, would be the $b5.00 plus the$36.00 you sea� including <br />the service charge divided by i2 would be $10.08. Zf you take the <br />average again which would be the $63.75 plus the $36.CC, divide that <br />by 12. would be $8.31 which would be your total monthly cost. <br />Bear in mind, however� that it's only the $85.00 or the $63.75 which <br />is collected with your yearly regular estate taxes on your home. <br />� The $36.00, the service charge, would be collected by bill that you <br />vJouZd get from the village 3ust like when you lived in St. Paul you <br />got a water and sewar bill when you,were in town. The village hasn't <br />
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