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the size of the property. It is proposed that the same acreages used in determining the <br />trunk costs be applied to lateral assessments. It is proposed that lateral sewer and <br />water assessments be assessed in the amount of $23,300 per acre. The following table <br />details the acreage and proposed assessment for each property. <br /> <br /> Table 3 <br />Lateral Assessments <br /> <br />PIN PrOperty Acreage Lateral AsseSSment <br /> OWner <br />75-003-4401 Americl n n 2.48 $57,750 <br />75-521-0110 Undeveloped 1.11 $25,850 <br />75-521-0120 Undeveloped 1.03 $24,000 <br />75-521-0130 Saxon Motors 1.03 $24,000 <br />75-521-0150 Saxon Motors 3.97 $92,500 <br />75-521-0210 Saxon Motors 1.28 $29,850 <br />75-521-0220 Napa Auto Parts 1.02 $23,750 <br />Total 11.92 $277,700 <br /> <br />A quick summary of total project costs versus available funds reveals the following' <br /> <br />Total Project Cost <br /> <br /> Table 4 <br />Project Financing <br /> <br />$434,300 <br /> <br />MnDOT Cooperative Funds <br /> <br />Trunk Watermain Monies <br /> <br />Lateral Sewer and Water Assessments <br /> <br />Total Funds <br /> <br />$141,600 <br />$ 15,000 <br />$277,7OO <br />$434,300 <br /> <br />FEAS-STUDY 9 <br /> <br /> <br />