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WIDSE'TH <br /> SNUTH MEMO <br /> NOLTING 2000 Industrial Park Rd S P.O.Box 2720 Baxter,MN 56425 <br /> Phone:218-829-5117 Fax:218-829-2517 <br /> Date: October 5, 2004 File#: 130B028 <br /> To: Pequot Lakes Mayor and City Council Members <br /> From: Tim Houle <br /> Subject: Industrial Park Improvements <br /> In preparation for the Final Assessment Hearing on the above project, following is a table <br /> showing the estimated assessment amounts we presented at the preliminary assessment hearing <br /> and the assessment amounts we will be sending out for the final assessment hearing. <br /> Remember that at the preliminary assessment hearing we were assessing per lot. For the final <br /> assessments, we are assessing per lot for sanitary sewer and watermain and per front foot for <br /> storm sewer and street improvements. <br /> Preliminary Hearing Final Hearing <br /> A. Project Cost $385,004 $340,000 <br /> B. City"At-Large" $110,004 $97,146 <br /> C. Assessed $275,000 $242,854 <br /> D. City Lots $175,000 $138,407 <br /> E. Northern Tool $25,000 $23,912 <br /> F. Cemstone $25,000 $29,578 <br /> G. Baptist Church $50,000 (2 lots) $50,959 (1 lot) <br /> If you want to go through the numbers line by line, I will gladly schedule a separate sit down <br /> with you. <br /> c: Sandy Peine, City Clerk <br /> Mike Rude, WSN <br /> WSN File <br /> H:\JOB\l30PQLAK\028-Industrial Park Expansion\Assessments\Prelim vs Final for Council-100504-memo.doc <br />