Laserfiche WebLink
Assessment Rate <br />100% of cost/foot $109.95 <br />50% of cost/ foot $54.97 <br />25% of cost/ foot $27.49 <br /> <br />AMENDMENT: A Benefit Appraisal study was conducted to determine the potential benefit to <br /> <br />the assessed properties within the project area. The result of the study is as follows: <br />Maximum Assessment Rate: <br /> <br />LDR1 and LDR2 Properties $35 per assessable foot of frontage <br />All other zoned properties $60 per assessable foot of frontage <br />Please note that the estimated proposed assessments are currently lower than the benefit <br />appraisals. Therefore no adjustment is recommended at this time. <br />B.P±¨µ ³¤ )¬¯±®µ¤¬¤­³ #®²³² <br /> <br />In addition to the public work proposed, this project may include the construction of a number <br />of private improvements. The cost of these private facilities is the responsibility of the <br />benefiting property owner. <br />The benefiting property owner shall pay for private sanitary sewer repair. This cost may be <br /> <br />added <br />The benefiting property owner shall pay for private driveway work. This cost must be paid in full <br /> <br /> <br />0±®¯®²¤£ &´­£¨­¦ 3´¬¬ ±¸ <br />C. <br /> <br /> <br /> Estimated cost MSA Assessments Stormwater Utility Parks <br />Fund Funds Renewal Fund <br />Street <br />Construction $1,290,805.20 $1,139,689.88 $151,115.32 $0 $0 <br />Sidewalk/ Trail $290,440.00 $170,440.00 $0 $0 $120,000.00 <br />Construction <br />Stormwater $215,000.00 $0 $0 $215,000.00 $0 $0 <br />Improvements <br />Water/Sewer $37,000.00 $0 $0 $37,000.00 $0 <br />Repairs <br />Total $1,833,245.20 $1,310,129.88 $151,115.32 $215,000.00 $37,000.00 $120,000.00 <br /> <br /> <br />Project P-ST-SW-15-02 Feasibility Report <br />Victoria Street Reconstruction <br />27 <br />