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<br /> <br />COST FOR TSCHIDA OW ASSO HILLS 4TH ADDITION <br />STREET LIGHTS <br /> <br />Ornamental Street Light on Stanbridge Circle cul-de-sac and <br />the corner of Stanbridge Circle and Farrington Avenue <br /> <br />Monthly operating service charges: <br /> <br />Ornamental street light at $14.75 per month x 12 mos. x 2 lights . . . . . . . . . . . . . . . . .. $354.00 <br /> <br />Standard street light at $8.85 per month (base cost) x 12 mos. x 2 lights ............ $212.40 <br /> <br />Difference between ornamental and standard street light service charge <br />(incremental annual cost) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $141. 60 <br /> <br />1.5484 x $141.60 = $219.25 <br /> <br /> <br />To account for anticipated inflation over the next 20 years, assuming <br />an annual 4% rate per year: <br /> <br />For20yeardesignlife--20yearsx$219.25 ................................ $4,385.00 <br /> <br />NSP' . . al . all. h <br />lDltl mst atlon c arges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $411.00 <br /> <br />TOTAL COST TO BE PAID TO ROSEVlLLE ........................... $4,796.00 <br /> <br />