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11-13-1984 Council Minutes
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11-13-1984 Council Minutes
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TABLE 2 <br /> (ASSET) (LIABILITY) <br /> Negative Benefit <br /> Positive Benefit (over 15 years ) <br /> Increase in value $10,000 Assessment $5,000 <br /> Income tax benefit (33%) Interest 4,520 <br /> - interest expense 1,500 Instal�ation 1,000 <br /> - real estate tax 1,300 SAC fee 425 <br /> Loss of value of <br /> functioning <br /> Septic sy5tem (50% <br /> depreciated ) 2,000 <br /> Decommissioning old <br /> syste� 500 <br /> Increased operating <br /> expense (net) 867 <br /> Increased property <br /> taxes 4,000 <br /> Total $12,800 Total �18,312 <br /> Net Benefit (�5,512 ) <br /> (net aorth) <br />
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