SCHEDULE 'C'

Construction of Sanitary Sewer & Private Drain Connections On Baseline Road

From 7th Concession Road to 8th Concession Road

Revised per Proposed Local Improvement Consolidation Policy

Ontario Regulation 586/06 Local Improvement Special Charges- Cost Breakdown (HST Excluded)

DescriptionTotalEstimatedCostOwners CostCity’s CostCommuted Cost per metre of assessable frontage or per connectionAnnual Cost per metre or per connection for 10 years
Construction of Sanitary Sewer and Private drain connections on Baseline Road from 7th Concession Road to 8th ConcessionRoad$1,472,368*$779,360$693,008$244.21/L.M frontage and $3,206.83 /connection$27.99/L.M frontage and $367.55 /connection

*Local Improvement component only (excludes watermain and HST). Total cost of the work is $2,722,368, 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.