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Item A: 2012 GO Bonds for Street Preservation Projects
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Item A: 2012 GO Bonds for Street Preservation Projects
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6/22/2012 10:14:00 AM
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6/21/2012 1:04:39 PM
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Agenda Item Summary
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6/27/2012
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Attachment B <br />Effect of Reducing Proposed Bond Amount to $35.9 Million <br />Street Projects Removed and Effect on Taxpayer <br />Streets Removed From Proposed Project List in Exhibit A <br />(Reduction of 11 Street Projects and 12 Lane Miles) <br />Map <br />Number <br />StreetLimits <br />01ST AVEBLAIR BLVD - WEST END <br />2 <br />13TH AVE <br />8WASHINGTON ST - GARFIELD ST <br />13TH AVE <br />9BERTELSEN RD - COMMERCE ST <br />25TH AVE <br />14HAWKINS LN - BRITTANY ST <br />30TH AVEMILL ST (WEST) - FERRY ST (EAST) <br />17 <br />30TH AVEMILL ST - WILLAMETTE ST <br />18 <br />CITY VIEW ST28TH AVE - 29TH AVE <br />32 <br />GARFIELD STROOSEVELT - 6TH AVE <br />42 <br />LINCOLN ST5TH AVE - 13TH AVE <br />53 <br />MILL ST30TH AVE (NORTH) - 30TH AVE (SOUTH) <br />57 <br />SHARON WAYCOBURG RD - ES DRWY 1023 <br />65 <br />In addition, based on 6% of the bond allocated for bicycle and pedestrian improvements, the <br />average annual amount will decrease from $516,000 to $430,800, under this scenario. <br />Effect on Taxpaye <br />r <br />Estimated Effect on Taxpayer from Different Bond Amounts <br />TaxCost to <br />Bond ParRateAverage <br />AmountPer 1000Homeowner <br />$ $0.55$10735,900,000 <br />$ $0.56$10936,800,000 <br />$ $0.61$11940,000,000 <br />$ $0.65$12743,000,000 <br />$ $0.68$13345,000,000 <br />$ $0.76$14950,000,000 <br />$ $0.84$16455,000,000 <br />$ $0.91$17860,000,000 <br />$ $0.99$19465,000,000 <br />$ $1.06$20770,000,000 <br />$ $1.22$23980,000,000 <br />$ $1.37$26890,000,000 <br />$ $1.52$297100,000,000 <br />$ $1.67$327110,000,000 <br />$118,000,000$1.80$352 <br /> (Current Backlog) <br />
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