Assessments Streets Reconstruction Unit Assessment 50% of the - - PowerPoint PPT Presentation
Assessments Streets Reconstruction Unit Assessment 50% of the Actual Project Cost or 2019 Typical Lot Fee Schedule $5,350.00 per unit Curb and Gutter Replace Unit Assessment 50% of Actual Project Cost or 2019 Typical Lot Fee
Streets – Reconstruction
Unit Assessment 50% of the Actual Project Cost or 2019 Typical Lot Fee Schedule $5,350.00 per unit
Curb and Gutter ‐ Replace
Unit Assessment 50% of Actual Project Cost or 2019 Typical Lot Fee Schedule $755.00 per unit
Unit Assessment Project Cost or 2019 Typical Lot Fee Schedule $1,510.00 per unit
Unit Assessment Project Cost or 2019 Typical Lot Fee Schedule $2,990.00 per Unit
Unit Assessment Project Cost Estimated at $1,400.00 per unit
Unit Assessment 50% of Actual Project Cost
2019 Typical Lot Fee Schedule $1,120.00 per unit City supplies poles from separate bid
Unit Assessment Project Cost Estimated at $4,500.00 per unit
Street $5,350 Curb and Gutter‐ Replace $ 755 Lateral Storm Drainage $2,990 Streetlight $1,120
Street $5,350 Curb and Gutter‐ Replace $ 755 Lateral Storm Drainage $2,990 Streetlight $1,120 Drain Tile $1,400 *Sanitary Sewer Service $4,500
Street $5,350 Curb and Gutter‐ New $1,510 Lateral Storm Drainage $2,990 Streetlight $1,120
Street $5,350 Curb and Gutter‐ New $1,510 Lateral Storm Drainage $2,990 Streetlight $1,120 Drain Tile $1,400 *Sanitary Sewer Service $4,500
Street $5,350 Curb and Gutter‐ Replace $ 755 Lateral Storm Drainage Streetlight $1,120
Street $5,350 Curb and Gutter‐ Replace $ 755 Lateral Storm Drainage Streetlight $1,120 Drain Tile $1,400
PAYMENT SCHEDULE YEAR PRINCIPLE PAYMENT INTEREST PAYMENT – 6.0% TOTAL PAYMENT PRINCIPLE BALANCE $10,215.00 1 2021 $681.00 $612.90 $1,293.90 $9,534.00 2 2022 $681.00 $572.04 $1,253.04 $8,853.00 3 2023 $681.00 $531.18 $1,212.18 $8,172.00 4 2024 $681.00 $490.32 $1,171.32 $7,491.00 5 2025 $681.00 $449.46 $1,130.46 $6,810.00 6 2026 $681.00 $408.60 $1,089.60 $6,129.00 7 2027 $681.00 $367.74 $1,048.74 $5,448.00 8 2028 $681.00 $326.88 $1,007.88 $4,767.00
PAYMENT SCHEDULE YEAR PRINCIPLE PAYMENT INTEREST PAYMENT – 6.0% TOTAL PAYMENT PRINCIPLE BALANCE $4,767.00 9 2029 $681.00 $286.02 $967.02 $4,086.00 10 2030 $681.00 $245.16 $926.16 $3,405.00 11 2031 $681.00 $204.30 $885.30 $2,724.00 12 2032 $681.00 $163.44 $844.44 $2,043.00 13 2033 $681.00 $122.58 $803.58 $1,362.00 14 2034 $681.00 $81.72 $762.72 $681.00 15 2035 $681.00 $40.86 $721.86 $0.00
PAYMENT SCHEDULE YEAR (15 year term) PRINCIPLE PAYMENT INTEREST PAYMENT – 6.0% TOTAL PAYMENT PRINCIPLE BALANCE $16,870.00 1 2021 $1,124.67 $1,012.20 $2,136.87 $15,745.33 2 2022 $1,124.67 $944.72 $2,069.39 $14,620.67 3 2023 $1,124.67 $877.24 $2,001.91 $13,496.00 4 2024 $1,124.67 $809.76 $1,934.43 $12,371.33 5 2025 $1,124.67 $742.28 $1,866.95 $11,246.67 6 2026 $1,124.67 $674.80 $1,799.47 $10,122.00 7 2027 $1,124.67 $607.32 $1,731.99 $8,997.00 8 2028 $1,124.67 $539.84 $1,664.51 $7,872.67
PAYMENT SCHEDULE YEAR (15‐year term) PRINCIPLE PAYMENT INTEREST PAYMENT – 6.0% TOTAL PAYMENT PRINCIPLE BALANCE $7,872.67 9 2029 $1,124.67 $472.36 $1,597.03 $6,748.00 10 2030 $1,124.67 $404.88 $1,529.55 $5,623.33 11 2031 $1,124.67 $337.40 $1,462.07 $4,498.67 12 2032 $1,124.67 $269.92 $1,394.59 $3,374.00 13 2033 $1,124.67 $202.44 $1,327.11 $2,249.33 14 2034 $1,124.67 $134.96 $1,259.63 $1,124.67 15 2035 $1,124.67 $67.48 $1,192.15 $0.00
PAYMENT SCHEDULE YEAR (10 year term) PRINCIPLE PAYMENT INTEREST PAYMENT – 6.0% TOTAL PAYMENT PRINCIPLE BALANCE $7,225.00 1 2021 $722.50 $433.50 $1,156.00 $6,502.50 2 2022 $722.50 $390.15 $1,112.65 $5,780.00 3 2023 $722.50 $346.80 $1,069.30 $5,057.50 4 2024 $722.50 $303.45 $1,025.95 $4,335.00 5 2025 $722.50 $260.10 $982.60 $3,612.50 6 2026 $722.50 $216.75 $939.25 $2,890.00 7 2027 $722.50 $173.40 $895.90 $2,167.50 8 2028 $722.50 $130.05 $852.55 $1,445.00 9 2029 $722.50 $86.70 $809.20 $722.50 10 2030 $722.50 $43.35 $765.85 $0.00