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05-22-1998 Council Packet
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05-22-1998 Council Packet
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Assessment per unit - $6,500 <br />Connection (the lower cost in these three areas is <br />due to the fact that these areas will have <br />additional cost for the hook up through a <br />neighborhood connection line for which there <br />would be an additional charge or as an alternative <br />individual properties may connect or even a <br />gravity line but have a substantial private <br />connection cost. <br />Possible Initial Financing <br />Assessments <br />Stubbs Bay NW 6500 xl9 <br />Sewer Main <br />Charges <br />123,500 <br />Service Line <br />Charges <br />Stubbs Bay NE 6500 x 42 273,000 <br />Bayside East 6500 x 10 65,000 - <br />Bederwood 6500 x 14 91,000 — <br />Bayside West 6500 x 13 84,500 - <br />Connection Charges <br />Stubbs Bay NW 3000 x 19 « <br />Stubbs Bay NE 5000 x 42 <br />Bayside East <br />Bederwood <br />Bayside West <br />637,000 <br />57,000 <br />210,000 <br />- 1.) <br />- 1.) <br />- 1.) <br />267,000 <br />Operational Capital <br />(To be reimbursed by surcharges) <br />Stubbs Bay NW (Current Value Equivalent) <br />Stubbs Bay NE (Current Value Equivalent) <br />22,600 <br />92,500 <br />116,100 <br />TOTAL 637,000 382,100 1,019,100 <br />Reserve capacity (future hookups) - If City does $100,000 - <br />Drops cost by $1000/unit
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