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IV. Water Connection Charge Analysis 1970 Water Assessment: Project 1970 LW-1 (Levy # 5383) Original Project Asessment Amounts:$580.00 per residential unit $870,00 per commercial unit $ 5.80 per residential front foot $ 8.70 per commercial front foot 4300 4350 4410 4420 132.00’ 5 comm'l 132.00’ 5 comm’l 264.00' 3 comm’l 7 comm'l $ 1,148.40 $ 4,350.00 $ 1,148.40 $ 4,350.00 $ 225.00 $ 2,296.80 $ 2,610.00 $ 225.00 $ 6,090.00 $ 5,498.40 $ 5,723.40 $5,131.80 $ 6,090.00 1970 Property Assessment: Item Parce Assessed footage: Assessed units: Footage amount: Units amount: Oversize Service @ $225. 1 ot: ’ assessed by parcel Totnl 1970 Water Assessment: $ 22,443.60 Note that the value of commercial units was 1.5 times the value of residential units, so the 20 total commercial units assessed is equal to 30 residential units. Therefore, if the water system in Shoreline Drive is used, there will be no water connection charge since the property has been fully assessed for 30 residential units. 1970 LW-1 Water Current Value (per 1999 fee schedule): 30 residential units x $2,130.00 per residential unit = $ 63,900.00 528 front feet x $ 21.20 per front foot = 11.194.00 $ 75,094.00 1982-1A Navarro Water Project Original Charge (1982): $ 1,566.51 per unit (Subject property was not assessed for 1982 water project) Current Charge (per 1998 fee schedule): 1982-1A Navarro Water connection cl'arge: $ 2,265.00 per unit Sample Water Connection Charge Calculation (If Navarro Water is Used): 29 units X $ 2,265.00 per unit = $65,685.00 Credit for 1970 units paid = 63.900.00 Totai''-^ater Connection Charge Due $ 1,785.00 Since the lateral system in Co. Rd. 15 provides value to the property for fire protection, etc, no credit f^r the 1970 lateral charge would be granted, Wat' r Connection Charge Due (Based on 29 unit development) = $1,785. Page 4 of 4