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A <br />ASSESSNENTS <br />On the previous, street light <br />project along County Road 110, approximatel: <br />1/3 of the total cost was assessed to the abuttingprivate properties. On this <br />project, we would recommend that <br />a minimum of 40% of the total cost be assessed <br />:J <br />to the private property abutting <br />the improvements. The <br />assessable f:y cage for <br />each Alternate breaks down as follows: <br />Alternate No. 1 <br />Commercial Property <br />4,300 <br />L.F. <br />Residential and Multiple <br />100 <br />L.F. <br />City Owned and Unassessable <br />1,740 <br />L.F. <br />Total <br />69146 <br />:..F. <br />. <br />10 <br />Alternate No. 2 <br />Commercial Property <br />4,725 <br />L.F. <br />01 <br />Residential and Multiple <br />29875 <br />L.F. <br />City Owned and Unassessable <br />3,270 <br />L.F. <br />Total <br />10,870 <br />L.F. <br />10 <br />On the previous street light project, the commercial property was assessed <br />1-1/2 Z.imes the rate of the residential property. :` the same procedure is <br />used, the proposed assessments for each Alternate JUL'as folloti <br />-ETHOD A - 40% OF THE TOTAL COST ASSESSED TO PRIVATELY OWNLU F „Of ERTY <br />Alternate No. I <br />Amount to be Assessed Would be $50,491.00 <br />Cost Per F.,ot for Commercial Property 11.67 <br />Cost Per Frnot for Residential Property 7.78 <br />Alternate No. <br />2 <br />Amount to be Assessed Would be <br />$80,950.00 <br />Cost Per Foot <br />for <br />Commercial Property <br />12.19 <br />'i <br />�.� <br />Cos' Per Foot <br />for <br />Reside-itia? Proper' <br />8.13 <br />NETHOD 8 - 50% OF <br />THE <br />TO'A: I ASSESSED TO <br />PRIi ATELY OWNED ;•RUPERTY <br />L <br />Alternate No. <br />1 <br />Aiwa. ,t tc tie <br />Assessed Would be <br />63,677.00 <br />Cost Per riot <br />for <br />Commercial Property <br />14.58 <br />Cost Per Foot <br />for <br />Residential Property <br />9.72 <br />7-1 <br />r, <br />/ 4� 6 (( <br />