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i • • <br />DES <br />COST AND <br />ASSESSMENT PROJECTS: <br />HILLSIDE ESTATES 4TH ADDITION <br />COUNTRY CROSSING 2ND & 3RD ADDITIONS <br />MEADOWVALE IIEIGHTS 2ND ADDITION <br />Construction of streets and sewer and water laterals <br />PARI{ LAND PURCHASE: <br />Eighty acres of flat, open land for recreation field <br />development <br />CITY MAINTENANCE: <br />Overlay and seal coat City streets where necessary <br />PART{ IMPROVEMENTS: <br />Smaller park projects throughout the City park system <br />EQUIPMENT: <br />Police Vehicles <br />Street/Park Truck <br />Emergency Preparedness Siren <br />Capital Improvement Fragrant (CIF) Year - I9~J5 <br />$1,025,000 -The developers of the Country Crossing <br />Additions and the Meadowvale Heights project are <br />anticipated to pay the majority of the expenses for their <br />projects without requesting City bonds. The City will <br />bond for the Hillside Estates project in the summer of <br />1995. This entire project, estimated at $125,000 will be <br />assessed against the lots in this residential subdivision <br />project based on a three year repayment schedule. <br />$220,000 -Liquor Store reserves and NSP contributions <br />$75,000 -General Fund $udget <br />$.28,000 -City Park Dedication Fees <br />$115,000 -City General Fund Budget and Levy through <br />the use of equipment certificates. <br />Page $ <br />