SCHEDULE 'A'

*Local Improvement component only (excludes watermain and HST). Total cost of the work is $2,714,006, including watermain. Recoveries from Enwin- Water Division is estimated at $1,337,500 and includes a 7% administration fee which will partially offset the City's cost above related to engineering and contract administration. The balance of the cost for the above-noted reconstruction will be charged to Project ID #7159000.

**2.56% interest rate is applied over the ten (10) years of annual payment period.