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<br />Based on the low bids, the estimated unit amounts on which to base the preliminary assess- <br />ment amounts are: <br /> <br />Total Assessable Cost: $ 3,772,252.61 <br />Total Assessable Area: 8,491,641 square feet <br /> <br />Lateral Cost 1: <br />Service Cost: <br />Local S.C.: <br />MWMC: <br /> <br />Notes: <br /> <br />$ 0.324 <br />$1,310.00 <br />$ 0.025 <br />$ 350.002 <br /> <br />per square foot of assessable area <br />each <br />per square foot of total lot <br />per single family dwelling <br /> <br />1 Lateral costs do not include trench patch or reconstruction cost anticipated to be paid by <br />Lane County. <br /> <br />2 The current MWMC fee is $332.00 for a single-family dwelling. This estimate anticipates <br />an increase in July 1996. <br /> <br />When property owners in the 1996 construction basins requested estimates, we suggested <br />they contact us in early May, after bids were received. When given, pre-bid estimates were <br />based on a conservative assumption that 1996 prices would be higher than 1995 prices. <br />For a median-size lot of 9200 square feet the pre-bid estimate (including SDCs) was <br />$5,468. Based on the low bids, the current estimate (including SDCs) for a median-size lot <br />is $4880. <br /> <br />The costs used for the pre-bid estimates were: <br /> <br />Lateral Cost: <br />Service Cost: <br />Local SDC: <br />MWMC Charge: <br /> <br />$ 0.39 per square foot of assessable area <br />$ 1300.00 each <br />$ 0.025 per square foot of total lot <br />$ 350.00 per equivalent dwelling unit <br /> <br />The MWMC fee is based on the amount of water used per month, the number of fixtures per <br />dwelling, or the standard fee (currently $332.00 per single family dwelling). This fee, based <br />on the rate in effect at the time of final assessment, will be included in the overall billing <br />required to be paid. <br /> <br />The Council-adopted rate for the local portion of the SDC is $0.025 per square foot of the <br />total lot, and will also be collected with final assessments. For large lots, this fee may be <br />based on the lateral area (see previous discussion on page 2 of this report). <br /> <br />Assessment costs are to be characterized as a local improvement assessment under <br />Section 11 b, Article XI of the Oregon Constitution. <br /> <br />City Engineer's Report - LID Formation <br />May 8, 1996 - SC Sewer Basins X, S, & U <br /> <br />7 <br />