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04-24-1989 Council Packet
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04-24-1989 Council Packet
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B <br />I <br />a <br />a <br />3 <br />a <br />3 <br />3 <br />3 <br />1M <br />3 <br />Rebers Ottens Others <br />69 10 466 <br />$ 1,285 $ 1,285 — <br />600 600 600 <br />1,000 1,000 1,000 <br />$199,065 $28,850 <br />Option III <br />Units <br />Lateral Rate <br />Veil 6 Pximphouse <br />Elevated Tower <br />Total Assessment <br />Would end up with deficit financing of <br />(431,050 f 227,915) - $203,135 <br />The proposed sanitary sewer extension (pipe J fc K) has been separated into <br />a trunk rate and a lateral rate for funding purposes. The trunk cost includes <br />the pipe overdepth, lift station and force main. The Medina units are not <br />included in the Trunk Rate (1) as there is no benefit for this part of the <br />project. The Trunk Rate (2) is proposed to be assessed to the Rebers & Ottens <br />property at this time to provide cash flow for the current project. <br />The proposed water main extension has also been separated into a trunk <br />rate and a lateral rate. If Option 1 is followed the City would have to <br />decide if they wanted to assess a trunk charge to Rebers and Ottens for future <br />facilities. The trunk charge is proposed to be assessed to the Rebers and <br />Ottens property at this time if options II or III are constructed. <br />- U - <br />013939R
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