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 | TOTALESTIMATEDCOST | OWNER’SCOST | CITY'S COST | COMMUTED COST PER METRE OF ASSESSABLE FRONTAGE | ANNUAL COST PER METRETEN 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.