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PROJECT COST AND ASSESSMENT <br />The project cost and assessment rates for the storm water improvement are <br />outlined in this section with a detailed cos* estimate provided in the <br />Appendix. The indicated prices are as projected for the 1988 construction <br />season (ENR 4500). <br />Estimated Project Cost <br />Alternate I $ 9,230 <br />Alternate II $10,100 <br />Alternate III $10,600 <br />The project costs are proposed to be assessed to the benefiting property <br />owners in the watershed on an acreage basis. There are 3.25 acres in the <br />watershed with the cost per square foot for each alternate shown below. <br />ESTIMATED ASSESSMENT RATES <br />Project Cost <br />Assessment Rate <br />Alternate I $ 9.230 <br />0.065/sq.ft. <br />.11ternate II 10.100 <br />0.071/sq.ft. <br />Alternate III 10,600 <br />0.075/sq.ft. <br />The above indicated project costs do not include ponding easements or pipe <br />line easement acquisition costs. These costs could be as high as the <br />construction posts if condemnation is necessary. <br />6 - <br />01391179 <br />