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11-26-1984 Council Packet
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11-26-1984 Council Packet
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11/13/2025 12:32:13 PM
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Foxhill and the Pink Palace property to name a few sell at premium <br />narket prices when contrasted to nearby severed areas in towns such as <br />_ong Lake. <br />4. 3enefit Analysis <br />(or decrease) in property value is <br />Once a reasonable, rationale increa,c <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 />Neaat,/e benefits include: <br />1. capital costs <br />2. interest costs (less tax benefits) <br />3. installition costs <br />4. S.A.C. Fee, permits <br />5. loss of val,le in ex' -sting functioning septic system <br />6. cost of de, Imissioning existing septic <br />ocs osysem <br />trees, creation of <br />7. decrrise in property value, e.g., <br />easements. <br />g, increase in operatinq expense <br />g, increase in property taxes (IPss iicome tax benefits). <br />For ^_xamp 10, obtaining an unrealized <br />g IO, GO beincrease in property value <br />at a cost of $20,0 s <br />Table 2 provio,s an illu'�Lration of the principle and does nct purport <br />to be actual nuilbers. <br />
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