RES 072 Draft 01 2014-2016 - Laserfiche WebLink

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6. Description of the Assessment Unit and Method of Assessment. a. Assessment Unit. For purposes of the Improvement District, "Assessment unit" shall mean a duly subdivided parcel of land or condominium unit bearing a unique tax map key number. b. Method of Assessment. i. 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 to 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. ii. 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 of SFEs represented by such assessment unit. For purposes of the foregoing, SFEs shall be determined in the manner provided in the Director's Report based on each assessment unit's existing land use as of the Commencement Date; provided that if an assessment unit is vacant, the SFE for that assessment unit shall be based on existing zoning. 7. Materials to be Used. The materials to be used in the construction and installation of the Sewer System are set forth in the Director's Report, which is incorporated herein by reference, and include, without limitation, the following: a. 5,640 Lin. Ft., 8 -inch PVC SDR -26 sewer pipe and fittings b. 360 Lin. Ft., 10 -inch PVC SDR -26 sewer pipe and fittings c. 29 Each, sewer manholes 5.0' to 9.5' deep d. 4 Each, lined shallow drop sewer manholes 10.0' to 14.99' deep e. 1 Each, lined drop sewer manholes 15.00' to 20.00' deep f. 110 Each, sewer lateral connection.