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'.v; 2,-k-: :V ; ■mf:xnt‘ <br />■j't <br />h':-: <br />Cv ‘ ■ <br />I <br />fM <br />i4>.i. <br />fe.: <br />m-t <br />li* <br />5®:' <br />p*t <br />TOl <br />Dates <br />Mayor Peterson and Orono City Council <br />Ron, Moorse, City Administrator <br />May 18, 1992 <br />Subjects Corrected Information Concerning the City's Costs <br />Related to the Exclusion of Cygnet and T^eaf Streets <br />The exclusion of Cygnet Place and Leaf Street from the <br />Stubbs Bay project would affect the City’s costs in terms of both <br />lateral costs and the trunk costs. <br />Lateral Costs <br />Street are <br />assessment. <br />If Cygnet <br />these costs <br />The lateral costs for Cygnet Place and Leaf <br />$541,230.00. Under the Council's proposed method of <br />the City's share of these costs would be $162,369,00 <br />Place and Leaf Street were excluded from the project, <br />would be eliminated. However, these costs would reappear at the <br />point in the future when the laterals are extended to serve <br />Cygnet and Leaf. Also at that time there will be pressure on the <br />City to participate in the cost. <br />Trunk Costs <br />There is no reduction in trunk costs related to the <br />elimination of Cygnet and Leaf. In order for the City's share of <br />trunk costs to remain as currently proposed, Cygnet and Leaf <br />would need to be assessed for 70% of the trunk charge. If Cygnet <br />and Leaf were excluded from the project and not assessed for the <br />trunk costs, the City's costs related to the trunk would increase <br />by $118,650. <br />It is important that if Cygnet and Leaf are to be excluded <br />from the project they continue to be assessed for their share of <br />the trunk costs at the 70% assf'ssment rate. <br />Isv