Petition Items Sample Clauses

Petition Items. A. Special Assessment and Cost Summary Plans and specifications for the Petition Items have not yet been developed. Developer and City will work cooperatively and in good faith to finalize the plans and specifications for the Petition Items to permit the bidding process for said Petition Items to be timely completed in order to allow the Project to commence at the beginning of the 2024 construction season. It is anticipated that Developer will commence mass grading of the Property in the fall of 2023 in compliance with the City Code and the Plans, as amended by any grading plans approved by the City Engineer at time of grading permit. Assuming the requirements of Section 3.C. of the Agreement have been satisfied, it is anticipated that the City will commence the Project at the beginning of the 2024 construction season with substantial completion by the end of 2024 and final completion in 2025.
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Petition Items. Area Calculations Xxx 0, Xxxxx 0 00.00 xxxxx Xxxx Xxxxxxxxxx Xxxxxxxx 1.90 acres ............................................................................................. ========= Assessable (developable) Acreage......................................................... 23.72 acres TRUNK BENEFIT ASSESSMENTS1 Benefit per SF Benefit per acre Proposed Assessment Trunk Sanitary Sewer $0.19 $8,276.40 $196,316.21 Trunk Storm Sewer $0.36 $15,681.60 $371,967.55 Trunk Transportation / Water $1.04 $45,302.40 $1,074,572.93 Trunk Right of Way $0.40 $17,424.00 $413,297.28 Lateral Benefit, MXD, Collector Street $0.58 $25,264.80 $599,281.06 Total Trunk Benefit $2.57 $111,949.20 $2,655,435.02 DIRECT BENEFIT COSTS2 Ranchview Lane $122,835.94 Sanitary Sewer $88,738.38 Water Main $34,556.25 Storm Sewer $20,245.00 Total Direct Benefit $266,425.57 Notes: 1) Trunk Benefit and MXD Collector Street Benefit are per the 000xx Xxxxxx Xxxx Study dated September 2021
Petition Items. Unit Cost Allocation –Detached Homes Description Amount Units Unit Cost Sanitary Sewer $2,209,300.00 230 $9,605.65 Watermain $2,504,400.00 230 $10,888.70 Storm Sewer $3,690,700.00 230 $16,046.52 Streets $4,977,000.00 230 $21,639.13 Area Charges $3,348,724.18 230 $14,559.67 TOTAL $16,730,124.18 230 $72,739.67 Unit Cost Allocation – Townhomes Description Amount Units Unit Cost Sanitary Sewer $1,438,300.00 217 $6,628.11 Watermain $1,164,000.00 217 $5,364.06 Storm Sewer $1,198,400.00 217 $5,522.58 Area Charges $1,052,636.27 217 $4,850.86 TOTAL $4,853,336.27 217 $22,365.61
Petition Items 

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