| Stoneridge Drive(north) -6th Street to Overland Drive | 2/9/2006 | |||||
| STREET, STORM SEWER IMPROVEMENTS | ||||||
| PROJECT NO. | ||||||
| RESOLUTION NO. | ||||||
| PRELIMINARY ( signal @ 6th not included) | ||||||
| ESTIMATED COSTS: | ||||||
| Engineering (10%) | $80,000.00 | |||||
| Construction | ||||||
| Street, Storm Sewer | $720,000.00 | |||||
| Roundabout (1/2 of $200,000) | $100,000.00 | |||||
| Waterline | $0.00 | |||||
| Inspection/Administration (3%) | $25,000.00 | |||||
| Legal & Issuance Costs (2%) | $15,000.00 | |||||
| Interest on Temporary Notes (5%) | $40,000.00 | |||||
| Subtotal | $980,000.00 | |||||
| Property Acquisition | $280,000.00 | |||||
| Relocation of utilities | $0.00 | |||||
| Contigency | $200,000.00 | |||||
| Grand Total | $1,460,000.00 | |||||
| MAXIMUM ASSESSMENTS: | $1,460,000.00 | |||||
| less additional width (City Share) | $60,000.00 | |||||
| Total Assessed | $1,400,000.00 | |||||
| East Side 50% | $ 700,000.00 | |||||
| West Side 50% | $ 700,000.00 | |||||
| Plate No. | Property Owner | Lot Number | Front Footage | % | Ass. Per Parcel ($) | |
| East Side | 50.0000% | $ 700,000.00 | ||||
| Tract 1 | 1252 | 50.0000% | $ 700,000.00 | |||
| West Side | 50.0000% | $ 700,000.00 | ||||
| Tract 2 | 215 | 17.1725% | $ 120,207.67 | |||
| Tract 3 | 400 | 31.9489% | $ 223,642.17 | |||
| Tract 4 | 637 | 50.8786% | $ 356,150.16 | |||
| 1252 | 100.0000% | $ 700,000.00 | ||||