RES 264 Draft 01 2012-2014 - Laserfiche WebLink

Home

C. Material to be Used. The materials to be used in the construction and installation of the special improvements are set forth in the Director's Report, and include, without limitation, the following: i. 5,640 Lin. Ft., 8 -inch PVC SDR -26 sewer pipe and fittings; ii. 360 Lin. Ft., 10 -inch PVC SDR -26 sewer pipe and fittings; ill. 29 Each, sewer manholes 5.0' to 9.5' deep; iv. 4 Each, lined shallow drop sewer manholes 10.0' to 14.99' deep; V. 1 Each, lined drop sewer manholes 15.00' to 20.00' deep; and vi. 110 Each, sewer lateral connection. d. Proposed Assessment Unit; Method of Assessment; Minimum Number of Installments, Preliminary Assessment Roll. i. Assessment Unit. "Assessment unit" for purposes of the Improvement District shall mean a duly subdivided parcel of land or condominium unit bearing a unique tax map key number. ii. Method of Assessment. (1) As used in this Resolution, "Net Project Costs" means the Project Costs, less any amounts which reduce the actual costs of the special improvements to the County. By way of example, assuming the Project Costs to be $6,461,800 as set forth in the Director's Report, and further assuming an RUS grant of $4,024,800 t o be applied against the Project Costs, the Net Project Costs would be $2,437,000. The Net Project Costs are equivalent to the RUS loan amount. (2) Each assessment unit existing as of the date that assessments begin to accrue on assessment units within the Improvement District (the "Commencement Date") shall be subject to an assessment calculated by (A) dividing the Net Project Costs by the total number of single-family equivalent (SFE) represented by all assessment units in the Improvement District, and (B) with respect to each assessment unit, multiplying the amount determined pursuant to (A) above by the number 11