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financing interest charges, costs for preconstructionvldeo documentarian, job advertisements, <br />DES plan review, right-of way geotechnical exploration, field testing, and other associated <br />costs allowed in EC 7.170. <br />A portion of the total assessable cost includes approximately $671,795 of public street repair <br />costs which will be paid for by Lane County under an intergovernmental agreement. These <br />costs have not been included within the costs distributed against properties in the LID. The <br />total costs distributed against properties in the 1994 LID also have been reduced by <br />approximately $663,059 due to City participation inn costs associated with dewatering and <br />extra-depth sewer lines as outlined in the LID formation. The remainder of the costs are <br />divided into lateral and service line portions of the assessment and spread among all properties <br />or portions of properties in the LID which have not previously been assessed or which were <br />previously only partially assessed. <br />Assessment Amounts <br />All developed properties ar portions thereof within the boundaries of the local improvement <br />district that have not previously been assessed for the sewers or which were previously only <br />partially assessed will be assessed. Vacant properties outside the City are not proposed to be <br />assessed but are included in the assessable unit cost calculations. The City will bear the <br />vacant lot costs in anticipation of future collections through eight-inch equivalent assessments <br />as a result of annexation and development. } Vacant property annexed and thus within the city <br />limits axe proposed to be assessed in this LID. A small number of landlocked lots in common <br />ownership with property adjacent to the right-of way are considered to be developed and are <br />proposed to be assessed consistent with past practice. <br />Under Ciry of Eugene assessment policies, the total project costs and final unit assessable costs <br />are determined to be as follows: <br />Total lateral cost: <br />Total lateral area: <br />$3,426,047.92 <br />11,425,743 square feet <br />Total service line cost: <br />Total connection points <br />$1,102,941.48 <br />10.02 <br />Unit costs are: <br />Sanitary sewer lateral: <br />for area wlin 160' <br />Sanitary sewer service: <br />for each connection point <br />Local SDC <br />Regional SDC <br />~EDU =equivalent dwelling unit} <br />$0.299853403/square foot <br />$1,100.74/each <br />$0.025/square foot of total lot <br />$305.00/EDU <br />SANTA CLARA SEWER BASINS "L" "M" AND "V" Page 2 <br />FINAL ASSESSMENT -FINDINGS AND RECCMMENDATIGNS <br />