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<br /> � CITY OF ORONO
<br /> � Special Meeting of the Orono Council, 4 : 00 P.M.
<br /> � August 4, 1975
<br /> � The Orono Council met on the above date with
<br /> the following members present: Mayor Searles,
<br /> � Councilmembers Butler and Paurus. Council-
<br /> members Massengale and Welsh absent. Also
<br /> • present were staff inembers Benson, Scheller,
<br /> Muhich, Malkerson and Long.
<br /> •
<br /> � Mayor Searles noted that this special meeting
<br /> was a continuation of the special meeting which
<br /> � had taken place July 30, 1975.
<br /> •
<br /> Long reviewed the total cost of the project
<br /> • which was approximately $1, 700,000. He noted
<br /> that the oversizing for the Hackberry trunk was
<br /> � $8,000. That left a balance of approximately
<br /> � $1,692 ,000 that could be assessed. He stated
<br /> that there .:were approximately 30.56 acres in the
<br /> � project that were benefited and that the proposal
<br /> was to have an acreage assessment of $250 per
<br /> � acre. That amount equalled $7,640. By sub-
<br /> tracting $7,640 from $1, 692 ,000, there was
<br /> • a balance of $1,684, 360. Long calculated that
<br /> there would be approximately 235 units which
<br /> � would be able to hookup to the sewer system.
<br /> ` At a charge of $500 per unit, the total amount
<br /> would be $117, 500. Subtracting that amount
<br /> � from $1,684,360, that would leave a balance of
<br /> $1,566, 860. The Council had previously
<br /> � considered having $100, 000 in addition to
<br /> the $8,000 above to be assessed on the general
<br /> • tax levy. That would bring the balan��e of the
<br /> amount left to be assessed to $1,466 ,860. This
<br /> � amount would constitute the amount to be
<br /> � assessed. Long noted that the total front
<br /> footage of the project is 33,017.
<br /> � Long set forth the above figures as follows:
<br /> •
<br /> $1, 700 , 000 - Cost of project
<br /> • - 8,000 - Cost of Hackberry Hill trunk oversizing not to be assessed
<br /> • $1,692,000
<br /> 7,640 - 30.56 acres X $250 per acre
<br /> � 1, 684,360
<br /> - 117,500 - 235 units X $500 per hookup - hookup charged not to be assessed
<br /> � $1,566,860
<br /> - 100 ,000 - Amount to be charged against general levy
<br /> � $1,466, 860 - To be assessed against property
<br /> � Front Footage Assessment
<br /> � Lateral assessment X 400 = $1,466, 860 X 0.04 = $17,77 per front foot
<br /> Total front foot 33, 017
<br /> � Total front footage 33,017
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