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7. SR 07-25-1994
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7. SR 07-25-1994
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7/25/1994
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<br />. <br /> <br />We also talked in general terms about the total cost of the improvements. People had <br />thrown out numbers of $30,000 to $40,000 for their personal cost. I indicated that <br />generally the assessment range, depending on the lot, was $13,000 to almost <br />$20,000. The SAC and WAC charges would add $2,300 to each lot. There would <br />be a cost associated with connecting to the system along with abandoning the existing <br />septic system. This could add potentially another $2,000 to $2,500 to the total cost, <br />and then the fmal cost would be interest on the assessment if it were to run 10 to 15 <br />years. Potentially, all these costs added together for one lot could get up in the <br />$30,000 to $35,000 range. <br /> <br />. <br /> <br />The meeting started at about 6:30 p.m. and ran until approximately 8:30. It ended with no <br />clear direction as to any responses that the City or City Council would provide to the <br />residents. It was more of a forum for the residents to give their input to the two Council <br />members and the County Board member in attendance. <br /> <br />TJM:tw <br /> <br />. <br /> <br />. <br /> <br />2301223-1203.jul <br /> <br />-4 <br />
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