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<br />l <br />; <br />, 0 <br /> <br />CENTERVILLE DEBT <br />PROGRAMMING ASSUMPTIONS <br /> <br />1. AMOUNT OF BOND ISSUE <br /> ACTUAL ORIGINAL <br /> COSTS ESTIMATE <br /> Sanitary Sewer $ 689,000 Ie ~~ 000 $ 989,000 <br /> Streets 98,000 <br /> Contingency 50,000 50 000 50,000 <br /> Legal-Fiscal 28,000 II o'e 0 30,000 <br /> Administrative 10,000 lioO 10,000 <br /> o Engineering 110,000 t1~ (Joe 128,000 <br /> Total Construction 985,000 ) 1,208,400 <br /> Discount, Capitalized Interest 15,000 I SI 0 (.' L 91,600 <br /> $ 1,000,000 g~o7uCC $ 1,300,000 <br /> ) <br /> <br />2 . ASSESSMENT DATA <br /> <br />A. Costs to be assessed <br />280 stubs @ $250 <br />215 units @ $1,000 <br />350 acrea @ $200 <br />30,235' @ $15.66/ft.* <br /> <br />~ 7 y~ <br />~,,( 6J <br />3 J #7. / 3 or <br />3(.\ &.V~,~3 <br />) <br /> <br />$ <br /> <br />70,000 <br />215,000 <br />70,000 <br />474,890 <br />829,890 <br /> <br />J- J. 7 7 <br /> <br />$ <br /> <br />* Does not include $47,000 potential other assessment for 3,000 of proposed <br />new development property. <br /> <br />B. Assessments will be filed in 1976 for first collection in. 1977. <br />Term of 20 years @ 8% interest on unpaid balances. Assessments <br />to be made on even principal basis. <br /> <br />c. Other Income <br />City will establish $20o/month surcharge on existing units which <br />will provide $5,160/year beginning in 1978. <br /> <br />Future connections beyond the original 215 existing units will be charged a <br />unit connection charge of $1,000 minimum. <br />