Stoneridge Drive - South of 6th street #
STREET, STORM SEWER IMPROVEMENTS
PROJECT NO.
RESOLUTION NO.
PRELIMINARY
ESTIMATED COSTS:
Engineering (10%) $40,000.00
Construction
   Street, Storm Sewer $750,000.00
   Traffic Signal $200,000.00
    Roundabout $0.00
    Waterline $100,000.00
Inspection/Administration (3%) $31,500.00
Legal & Issuance Costs (2%) $21,000.00
Interest on Temporary Notes (5%) $52,500.00
Subtotal $1,195,000.00
Property Acquisition $100,000.00
Relocation of utilities $0.00
Contigency $100,000.00
Grand Total $1,395,000.00
MAXIMUM ASSESSMENTS: $1,395,000.00
less additional width (City Share) $50,000.00
Total Assessed $1,345,000.00
East Side  50%  $               672,500.00
 West Side  50%  $               672,500.00 Square Footage Assessment under current Square Footage Assessment under alternative
benefit district boundaries   benefit district boundaries
Plate No. Property Owner Lot Number Front Footage % Ass. Per Parcel ($)   Area % Ass. Per Parcel   Area % Ass. Per parcel
  East Side        
       
400345A MS Construction unplatted 624.00 50.0000%  $          672,500.00   602,751 0.605423 $814,293.57   419,770 0.516575 $694,793.58
       
West Side        
       
U15801A Collister unplatted 624.00 50.0000%  $          672,500.00   392,836 0.394577 $530,706.43   392,832 0.483425 $650,206.42
       
 $       1,345,000.00   995,587 1 $1,345,000.00   812,602 1 $1,345,000.00