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Foxhill and the Pink Palace property to name a few sell at premium <br />market prices when contrasted to nearby sewered areas in towns such as <br />Long Lake. <br />4. Benefit Analysis <br />Once a reasonable, rationale increase (or decrease) in property value is <br />determined the analysis 4 benefit accruing to the property can begin. <br />Positive benefits are: <br />1. Increase in property value <br />2. ? <br />Neaative benefits include: <br />1. capital costs <br />2. interest costs (less tax benefits) <br />3. installation costs <br />4. S.A.C. Fee, permits <br />5. loss of value in existing functioning septic system <br />6. cost of decommissioning existing septic system <br />7. decrease in property value, e.g., loss of trees, creation of <br />easements. <br />8. increase in operating expense <br />9. increase in property taxes (less income tax benefits). <br />For ^xample, obtaining an unrealized S10,000 increase in property value <br />at a cost of $20,000 is a S10,000 negative benefit. <br />Table 2 provides an illustration of the principle and does not purport <br />to be actual numbers. <br />