| OCR Text |
Show ESTIMATED COST OF IMPROVEMENTS The total cost of improvements im-provements in said proposed pro-posed Special Improvement Improve-ment District as estimated by the City Engineer is $371,900, of which the Municipality will pay $283,000, leaving a remainder of $83,300 which shall be paid by a special tax to be levied against the property abutting upon the streets to be improved or upon property which may be affected or specifically benefited by such improvements. im-provements. The property proper-ty owners' portion of the total estimated cost of the improvements may be financed during the con-' con-' si ruction period by the use of interim warrants. The interest on said warrants war-rants will be assessed to the property owners. The estimated cost to be assessed against the properties pro-perties within said District shall be assessed as follows : SEWER MAINS: the City will pay for all costs, of sewer mains SEWER COLLECTION LINES: the City will pay for all costs of collection lines HOOKUP T's WITH LATERALS: $750 per lot A 15 improvement district adminstrative fee and a 10 contingency fee will be added to this cost at the time of the creation of the district following the protest hearing. The City expects to finance its portion from the following sources: General Obligation Bonds $127,850 Uintah School District Dis-trict $20,000 EPAGrant $135,750 |
