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2004-11-29 Assessment Hearing - 2004 Utility & Street Improvements
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2004-11-29 Assessment Hearing - 2004 Utility & Street Improvements
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<br />, <br /> <br />TOTAL PROJECT COST <br />TOTAL ASSESSMENTS <br /> <br />FINAL <br />Nov. 2004 <br />$2,097,757 <br /> <br />$860,819 <br /> <br />REPORT <br />Dec. 2003 Difference <br />$2,495,349 -16% <br /> <br />$1,012,035 -15% <br /> <br />Percent of total project being assessed: 41% <br /> <br />Assessment Calculation: <br />Water Main (100% assessed) $3,180/lot $3,563/lot -11% <br />Storm Sewer (50% assessed) $1,168/lot $946/lot + 230/0 <br />Street Reconstruct (25% assessed) $2,229/lot $2,719/lot -18% <br />Curb & Gutter (75% assessed) $7.38/lf $13. 12/lf -440/0 <br />Sidewalk (25% assessed) $406/lot $512/lot -20% <br />Mill & Overlay (10% assessed) $432/lot $276/lot +570/0 <br /> <br />Average assessment for a typical residential lot <br />Largest assessment: St. Genevieve's <br />Smallest assessment, excluding mill/overlay <br /> <br />$7,006 <br />$67,174 <br />$2,229 <br />
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