Laserfiche WebLink
� <br /> � <br /> It is also recommended multiple family properties be assessed similar to residential property. Listed <br /> , below is a suggested front foot amount for each unit based on property type and the estimated <br /> percentage of value campared to residential property. <br /> , � <br /> FF/Unit <br /> , Duplex -(80% of 75 Fk� 60 F'F <br /> Townhomes -(60°l0 of 75 Fk� 45 FF <br /> I Apartments -(40% of 75 FF� 30 FF <br /> , An alternative to the front footage assessment would be to assign an average cost per lot for all single <br /> � family lots with proportional rates for all other residential housing types. <br /> � It is recommended commercial and industrial property be assessed the full rate, based on the <br /> construction incu�ed, and be assessed for their entire frontage abutting the street project. Tn same <br /> � cases, if commerciaUindustrial properties have minimal frontage abutting the project, it may be <br /> appropriate to assess on a per lot basis or adjusted in some manner to reflect beneft received. <br /> � _ _ _ <br /> Table 6 shows suggested assessment percentages for utility upgrades for sanitary sewer, water main <br /> , and storm sewer. Appendix B gives estimated costs for various pipe sizes and appurtenances. New <br /> water main is typically assessed 100°!0 of the equivalent 6-inch diameter with all oversizing costs <br /> � paid through City Trunk Funds. It is fett that additional storm sewer or storm sewer repairs add <br /> considerable benefit to property owners and a 50% assessment was figured. <br /> � <br /> � Revenue ' <br /> , Managing the city's infrastructure is a ve'ry large undertaking. As shown in this report, total street <br /> project costs of approximately $6,763,542 are anticipated through the year 2009 to upgrade streets. � <br /> , Approximately 23°Io or $1,583,654 will be assessed to benefited property owners. The remaining <br /> $5,179,888 must be financed through bonds, general fund, special city funds, or County <br /> � participation. <br /> � Centerville Pavement Management Study 28 <br />