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The source of funding far this project is from assessments of the benefltting properties. <br />In accordance with EC 7.175(2}fib}Sc, the costs for the project will be apportioned on a <br />per square foot basis for the lateral sewer, and on a per each basis for the connection <br />points. In accordance with EC 7.7201}~c} the $0.025 per square foot for the local SDC <br />and the regional SDC charge will be included in the billings. <br />The project includes a street trench patch repair component, normally part of the <br />sanitary lateral costs for projects within the City. an May 16,1990, Lane County <br />Commissioners agreed to pay the cast of street repair in the River Road area south of <br />Beltline for street repair. In Dctober 1991, Lane County Commissioners agreed to bear <br />the paving costs on Shirley Street. Staff of bane County and the City are working on an <br />intergovernmental agreement whereby bane County will pay the street repair component <br />for Shirley Street. The Commissioners have not indicated whether these costs will be <br />borne by Lane County far all work north of the Beltline in Santa Clara. <br />ASSESSMENT CASTS <br />Costs listed below are based an the actual cost for the Shirley Street construction. These <br />costs include an eight-inch equivalent charge for the portion of the Irving Road System <br />adjacent to Shirley Street, In 1985 the Irving Road sanitary system was built to serve <br />annexed proper-ties along Irving. At that time it was identified that all properties along <br />Irving would share in the casts of constructing that sewer. The eight-inch equivalent <br />costs for the Irving system are based on the bid prices received for Shirley Street. <br />The final assessment costs reflect the actual construction costs, a portion of the costs of <br />the Irving Road system, costs for Engineering services, 6 percent administration charges, <br />and short-term financing costs. The lateral price also reflects the developer being <br />assessed directly for a portion of the extra depth of the sewer line in the amount of <br />$17,050 in addition to the lateral casts to Estates North, The additional developer <br />contribution was established during the formation of the LID. <br />Previous to the construction the costs were estimated as follows: <br />Total Assessable Cost: $14 <br />Total Assessable Area: <br />Lateral Cost: $ 0.378 <br />Service Cost: $1048.29 <br />Local SDC: $ 0.025 <br />MWMC: $ 222.00 <br />3,714.85 <br />239,255 square feet <br />per square foot of 160' area* <br />each <br />per square foot of total lot <br />per single family dwelling <br />* *Note -the lateral cost includes trench patch casts. <br />Based on bid casts, the road repair cost was estimated to be approximately $ 0.0533 per <br />wG- <br />