|
�
<br /> . / �
<br /> ---j'��j'�'�� �� "i�i�//�C ,/;'.
<br /> PROPOSED LID �
<br /> PINE/CEDAR/32ND/PACIFIC I`�� _
<br /> TOTAL PROJECT COST: yn 5�18,000
<br /> �, , 10% AssF•ssed to all properties within the district based arca for
<br /> ' neighborhood upgrade - yl 800
<br /> 826,200
<br /> $91,800 divided by 23.177 acre, _ $3,960.82323/Acre
<br /> City's portion 6.608 Acres X 3960.82323 = $26,200
<br /> _ _ ___..— -- - _ __._--- �
<br /> Pine Sireet - HewStt Y.o Pacific - Both Sides �
<br /> Cedar SYreet - Hewitt to Pacific - Both Sides n
<br /> Cedar Street - Pacific to 33rd (partial) - East Side ••
<br /> $486,000 ..
<br /> + UO 000 (Cont Admin Fin En r) "i "
<br /> ' " Pine bc Cedar 656,000 $656,100 �, _
<br /> , 10% City's asse�sment based on more conven- "'
<br /> ient efficient access bc aesthetics -� 65 600 � o
<br /> 590,500 (assessed by iront feet) 0 3
<br /> m
<br /> $590,500 divided by 3,592.33 ff = $164/ff ' m �
<br /> r..7 z
<br /> c
<br /> � 32nd Street Pine to Cedar $ 94,500 � i
<br /> +$ 33 400 (Cont, Admin, Fin, Engr) -:i in
<br /> 127,600 ` -n
<br /> 25% Hotet's Share -$ 31,900 � 3
<br /> 25% City's Share - ' 31 900 ( � m
<br /> 63,800 (assessed by front feet m ..
<br /> N
<br /> O
<br /> $63,800 divided by 480 fi = $l33/if �N
<br /> , N
<br /> $127,600 - $31,900 = 95,700
<br /> � �
<br /> Pacific Ave Sidewalks and Curbs Only, Fulton to Pine p
<br /> ,_ �
<br /> $ 3L,500 z
<br /> +$ 11 000 (Cont Adinin Fin 8n r) i
<br /> 42,500 assessed b; irontteet 42,50Q i
<br /> $42,500 divided by 640.8 ff = $66/ff I o
<br /> �
<br /> � m
<br /> City Property Assessment ($26,200 + $65,600 + 31,900) _ $123,700 �
<br /> Total Assessments to other Properties 794 300 '
<br /> , 918,000 I
<br /> ,
<br /> City Total Annual Levy for This LtD Improvement (assuming I S years @ 12%)
<br /> lst Ycar (eariy 1985) $23,100 i �
<br /> 6th Year (1990) $18,100
<br /> IlthYearU995) $13,200
<br /> Last Year (2000) $ 9,zor,
<br /> 1
<br />
|