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EAST ELK RIVER IMPROVEMENTS <br />TRUNK UTILITIES ASSESSMENTS <br /> <br />· Gross Acreage minus wetlands, flood plain and Tyler Street right-of-way. <br /> <br />· Small parcels used for homestead excluded from trunk utility assessment. <br /> <br />· Total assessable acreage in East Elk River Phase I - 700 acres. <br /> <br />· Assessment rate - $6,000/assessable acre. <br /> <br />· No lateral sanitary sewer or watermain assessment proposed at this time. <br /> Properties that chose to hook up to sanitary sewer and/or watermain will have <br /> lateral assessments levied against them. <br /> <br />· No street or storm sewer assessments proposed. (Developing properties will <br /> be required to pay their share for street and storm sewer through Developer's <br /> Agreement.) <br /> <br />OSPROJ~800110j\0030\110-2511 .nov.doc <br /> <br /> <br />