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� 7 � � <br /> ! <br /> CARMAN BAY LAKE IMPROVEMENT DISTRICT <br /> Sample initial Budget and Estimated Assessment <br /> The Carman Bay LID programs will be financed by a levy on the property owners within <br /> the LID initiated by petition and with the cooperation of the City of Orono. The actual levy <br /> and its distribution will be approved by the CBLID Board each year at the Annual <br /> Meeting. <br /> Based on our experience of the past 10 years,the estimated cost to treat AIS in Carman <br /> Bay for the year 2018 including lake monitoring, administrative costs,and spot treatments <br /> is$20,000. <br /> The following is considered a reasonable food faith estimate of the needed annual levy <br /> necessary to fund the foregoing: <br /> Lakeshore Property Owners—76 properties @$200 $15,200 <br /> Cove Property Owners-34 properties @$150 $5,100 <br /> Undeveloped Lots—3 properties @$100 $300 <br /> TOTAL $20,600 <br /> Plus Gifts, Grants and Contributions <br />