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I <br />>.. <br />'.i' ' <br />I'-'h-: <br />f 3. <br />iV, ■ <br />, , <br />4. <br />A <br />What are the costs of the project and what are anticipated to <br />be the financing options. <br />Th- costs are detailed on the sheet that was handed out, <br />solit cat between abcut a 55,300 aaseesnent and <br />bitween 54,200 and 53,700 ccnnec.ion eha.,e. x- is <br />• «+»i that it would be a 13 to 20 year -ond issue. <br />•"^rtotri-a'sVss'ent plus connection cbacpe -e 510,000 <br />o,et 15 «e1e°s “t «st r/raVoSOO^illcbtogether with an iniwiai inre.es ^ ^,--,7 va»- <br />would be decrease over the 15 year pen v. <br />Interest cost in the range of $ 50.00. Spreac over yej <br />the annual pri.-.cisal would go ucwn out t.-.e amount <br />paid over that timeperiod would be incoeaseu - <br />is 515,000 just multiply those numoers by l.o t.mes tne <br />$10,000 number. <br />Are the larger lots subsidizing the smaller lots? <br />TO ‘he extent that sewer is going to be installed adjacent to <br />I l«ge lot', a lot with a large frontage actually cos^ mora <br />to serve than a lot with a small frontage To <br />that sewer is needed the is <br />IctLiTyrdiL-a*; t- , '?et\idr.!rced^’o::VyVlTtti;-g the sreas;oetween t^e ^arg^e^^and <br />smaller lots and having the latsra- cosw *. - * ” ‘ . <br />lots, in this case, being less t.han for the larger -ots.) <br />Aren't there other places, such as Cygnet Place, that in the <br />future will need to have sewer? <br />The City staff has looked at Cygnet Place as far as sewering <br />Z Whit S.=t that has on this project. <br />that that acaa will be looked at over the .^(faste <br />Wbetbar the area needs sewer would be the <br />Msaagamant Study and will be dependent, not <br />but also topography, soil conditions, „ <br />lookad at it aa to how a sewer pipe will be run on a <br />approxinata basis. <br />^ . .’i