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r <br />Development of the subject property is not responsible for the 1982 Sewer Lateral Charge, <br />since the cost of the laterals constructed in 1982 was spread over the properties they directly <br />served. The Trunk Unit charge of $760. per unit has inflated to $1,095. per unit in the 1997 <br />fee schedule and is due for tWs new development, as is the $150. per unit Bypass charge. <br />Also, because the proposed development density uses credit for the wetland area (allowable <br />because it is sewered property), an incremental Trunk Area charge of ± 9.8 ac- 5.9 ac= 3.6 <br />acres should be charged at an inflated 1997 rate of (1095/760)x $2,000 = $2,882. per acre, <br />or a total of $10,375. <br /><?pwer Connection Charges Summary (Sample calculation based on 30 units) <br />Trunk Unit & Bypass: $1,095. + $150. = $1,245. per unit x 30 units = <br />Trunk Area: $2,882./acre x 3.6 acres = <br />Less credit for LS-63-1B lateral sewer <br />Total sewer Connection Charges Due <br />$37,350. <br />10.375. <br />$47,725. <br />( 6.770.1 <br />$40,955. <br />IV. Water Connection Charge Analysis <br />1970 Water Assessment: Project 1970 LW-1 (Levy # 5383) <br />Original Project Asessment Amounts:$580.00 per residential unit <br />$870.00 per commercial unit <br />$ 5.80 per residential front foot <br />$ 8.70 per <'ommercial front foot <br />1970 Property Assessment; <br />Ilfim Parce <br />Assessed footage: <br />Assessed units: <br />Footage amount: <br />Units amount: <br />Oversize Service @ $225. <br />Total assessed by parcel <br />Total 1970 Water Assessment: $ 22,443.60 <br />4300 4350 4410 4420 <br />132.00’ <br />5 comm'l <br />132.00' <br />5 conun'l <br />264.00’ <br />3 conun’l 7 conun’l <br />$ 1,148.40 <br />$ 4,350.00 <br />$ 1,148.40 <br />$ 4,350.00 <br />S 225.00 <br />$ 5,723.40 <br />$ 2,296.80 <br />$2,610.00 <br />$ 225.00 <br />$ 6,090.00 <br />$ 5,498.40 $5,131.80 $ 6,090.00 <br />Note that the value of conunercial units was 1.5 times the value of residential units, so the <br />20 total conunercial units assessed is equal to 30 residential units. Therefore, if the water <br />system in Shoreline Drive is used, there will be no water connection charge -ce the <br />property has been fully assessed for 30 residential units. <br />Page 3 of 4 <br />• I <br />■a • -w...■ MB « -1 Vi t*.~ ri¥ imrt ^ irn > iii ifhi 11~ riiirtf i>r in i J