Office of the City Engineer
The properties to be assessed are registered under assessment roll numbers
090-010-02500 to 090—010-03000 inclusive,
090-010~04400,
090-010—05390 to 090-010-11200 inclusive
Assessment Information:
The adjusted total frontage is 2,681 .964 meters from which 374.911 meters are being deducted for the road right-of-way and City-owned or assessed properties and 34.904 meters added for special adjustment frontage, leaving a total abutting frontage of 2,272.149 meters, which is equal to the assessable frontage.
The estimated cost to the abutting landowners is $779,3 60. The single payment rate per meter of frontage is $244.41 in accordance with a new proposed Local Improvement Consolidation Policy while the annual special charges rate per meter of frontage for ten (10) years at 2056% interest is $27.99. Additionally, the estimated single payment rate per property for private drain connection is $3,206.83, while the estimated annual special charges rate per private drain connection for ten (10) years at 2.56% interest is $367.55. The property owners have the right to select either a single payment or the annual special charges over the period of ten years.
The remaining estimated total local improvement works cost is $201,008. The estimated lifetime of the complete work is not less than ten (10) years.
SM/vd