SCHEDULE 'A'

Construction of Curb and Gutters on California Avenue from Pulford Street to Norfolk Street Ontario Regulation 586/06 Local Improvement Special Charges – Cost Breakdown (HST Excluded)


DESCRIPTION

TOTAL ESTIMATED COST

OWNER’S COST

CITY'S COST

COMMUTED COST PER METRE OF ASSESSABLE FRONTAGE

ANNUAL COST PER METRE TEN YEARS

Installation of concrete curb and gutters

$18,969.98*

$17,135.32

$1834.66

$53.50

$6.28**

* Local improvement component only. Total cost of the work is $1,200,000.00, including reconstruction of the pavement and installation of storm sewers.

** 3.03% interest rate is applied over the ten years of annual payment period.