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<br />2. Total Project Cost <br />Total project cost shall mean the final construction cost plus all <br />associated overhead costs. Overhead costs shall include but not <br />be limited to engineering, city administration, legal, fiscal, <br />interest during construction, and land acquisition. <br /> <br />3. Assessment Period <br />The length of payment period on various types of improvement <br />projects shall be as follows: <br /> <br />Sanitary Sewer 10-15 years <br />Watermain 10-15 years <br />Storm Sewer 5-10 years <br />Street Construction 10-15 years <br />Street Resurfacing 3- 7 years <br /> <br />In the case where several of the improvements listed above are <br />included in the same project, the assessment period will be 10-20 <br />years. In no event shall an assessment period exceed 20 years. <br /> <br />6 <br />