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PRO-RATA SEWER EXTENSION "COPE ADDITION" <br /> <br />GOLDEN ACRES SUBDIVISION TRIBUTARY FRONTAGE FRONTAGE COST TO BE <br /> LOT BLOCK OWNER ACREAGE AREA COST FOOT FOOT COST ASSESSED <br /> 1 A JONES, RODNEY 0.268 $688.83 92.7 $1,193.05 $688.83 <br /> 2 A CATE 0.27 $693.97 88.2 $1,135.13 $693.97 <br /> 3 A CATO 0.3 $771.08 73.14 $941.31 $771.08 <br /> 4 A HUBBARD 0.229 $588.59 64.3 $827.54 $588.59 <br /> 5 A KING 0.2 $514.05 55.8 $718.15 $514.05 <br /> 6 A RHODES 0.256 $657.98 129.1 $1,661.52 $657.98 <br /> 7 A MCFADDEN 0.4 $1,028.10 82.34 $1,059.72 $1,028.10 <br /> 8 A STEWART 0.448 $1,151.47 90 $1,158.30 $1,151.47 <br /> 9, 10 A CHANDLER 0.937 $2,408.32 233.7 $3,007.72 $2,408.32 <br /> 1 B RAY 0.26 $668.27 94.4 $1,214.93 $668.27 <br /> 2 B CLAY 0.266 $683.69 95 $1,222.65 $683.69 <br /> 3 B KERSH 0.268 $688.83 95 $1,222.65 $688.83 <br /> 4 B MCFADDEN 0.43 $1,105.21 110 $1,415.70 $1,105.21 <br /> 5 B VERDOME 0.47 $1,208.02 100 $1,287.00 $1,208.02 <br /> 1,2 C BARTON 0.61 $1,567.85 223 $2,870.01 $1,567.85 <br /> 3 C CAMPBELL 0.3 $771.08 110 $1,415.70 $771.08 <br /> 4 C NORRELL 0.29 $745.37 110 $1,415.70 $745.37 <br /> <br />TOTALS 63.627 $163,537.30 12706.77 $163,636.13 $126,464.37 <br /> <br />Cost of the Collector lines <br />Total project cost <br /> <br />$438,228.00 <br />$723,969.00 <br /> <br />TRIBUTARY AREA METHOD <br /> <br />The total drainage area that is not currently being served with Sewer by the City of Paris is 170.5 Acres <br />Acreage of the properties to be accessed is 63.635 acres <br />The percentage of the cost to be accessed will be 63.635 acres divided by 170.5 acres <br /> 63.627 / 170.5 = 0.373 37.3% Pement <br />The cost of the Collector portion of the sewer lines is $438,228 <br />The cost to be accessed is $438,228.00 times 0.373 = $163,537 <br />The cost per acre is $163,537 divided by 63.627 = $2,570.25/acre <br />FRONTAGE FOOT METHOD <br /> <br />The total frontage foot for property to be assessed is <br />Cost from tributary area method (pementage of the cost) is <br />The percentage cost divided by the frontage foot = <br /> <br />12706.77 <br />$163,537.44 <br />$12.87/frontage foot <br /> <br />The cost assessed to each individual homeowner is the lessor of the amount calculated under the tributary area method or <br />the frontage foot method. <br /> <br /> <br />