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10.01 - Wildlife Tr/N Sleutter Rd Prem Assessment
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11-09-2010 Council Meeting
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10.01 - Wildlife Tr/N Sleutter Rd Prem Assessment
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II <br />By combining this project with the possible improvements to Wildlife Trail, and spreading the <br />combined costs out amongst combined footage or residences / parcels, one comes up with the <br />following possibilities. <br />Note that the following are rough estimates for a combined project just using the estimated <br />footages and residence / parcel counts from this Feasibility Report and the July 210 Feasibility <br />Report for Wildlife Trail. Note that there would have to be more discussion and clarification on <br />definitions of footage and residences / parcels should a combined project be deemed the best to <br />proceed. <br />Front Footage Method <br />Estimated Cost of Roadway Improvements ..................$194,000 + $77,000 = $ 271,000 <br />City Front Footage ......................................... ............................... 4,250 + 1,080 = 5,330 <br />Township Side Front Footage .......................... ............................... ..........................1,300 <br />TotalFront Footage ......................................... ............................... ..........................6,630 <br />Estimated Assessment Amount per Front Foot ........................... ............................... $ 41 <br />Estimated Assessments for Individual Property Owners is footage x $41/ft <br />Estimated Amount to City At Large (picking up the Township Side) .................... $ 53,000 <br />Per Residence / Parcel Method <br />Estimated Cost of Roadway Improvements ........................ ............................... $ 271,000 <br />Number of Residences / Parcels ...................................... ............................... 8=4 = 12 <br />Estimated Assessment Amount per Residence / Parcel ....... ............................... $ 22,585 <br />NOTE that estimated project costs are given. Actual costs can only be determined after the <br />project has been final designed, bid, and constructed. <br />Pequot Lakes — North Sluetter Road Improvements Study <br />WSN No. 0130130045.000 <br />Page 10 <br />
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