06-24-1991 Council Packet - Laserfiche WebLink

Home Browse Search

■•.■Am Pcoject 80-1 - In this pcoj*“Ct th^ original asspssm«*nt had been made prior to the project completion. The City subsequently reduced the project assessment to reflect the actual costs of the project. Project 73-1 - After the initial assessment the project assessment was reduced by the City prior to a final Court disposition for those who participated in the appeal process (123 of 266) parcels in the project with the possibility that the city may have to pay for additional assessments over and above those that they had picked up on the front end. This however, was not required because the combination of a refunding of the bond issue for a lower interest payment, prepayments and high interest rates in the late WO's^ Cover<»)the entire cost. fci;: Project 85-1 (Crystal Bay) - This was the second project according to the records that went to Court as an appeal and which was reduced because of that. It is the only project that the amount of the assessment reduction has made it necessary to levy taxes to fund the debt service. The following represent the area served and the approximate per unit costs of the projects and the year in which they were done; PROJECT AREA SERVED ASSESSMENT 1963-lA/B Navarre Area Sewer Plant $225.00/'w.nit 1963-ST/LS Navarre Area Sewer Lines $110.00/Acre plus $8.00/PF (Front Foot) 1964-LS Navarre Area Sewer Lines $225.Q0/Unit plus $8.15/FF 1965-LS (Fagerness Point) Sewer Lines 7.. • $225.00/Unit plus $8.76/FF 1965-LS (Sandy Beach) Sewer Lines $225.00/Unit plus $12.00/FF f 1967-LS-l i , -t,- Orono B.S. & South Side of Hwy 12 from Willow Dr to Old Crystal Bay Road - Sewer 1976-LW-l - Water $60.00/Unit plus $5.99/FF $1050.33/Unit plus $7.79/FF w -it- 1969-LS-l Shore Hills Sewer Lines - Navarre $225.00/Conn (Connection) plus $3211.33/Unit f *•' ■