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<br />ELM RIVER SNAGGING & CLEARING PROJECT NO.1 <br />CASS COUNTY, NORTH DAKOTA <br />Public Hearing - August 30,2005 <br /> <br />Summary of Typical Annual Assessment <br /> <br />Non-Aaricultural Properties <br /> <br />Property Value Maximum Annual Assessment <br />True & Full Residential Commercial <br />$5,000 $0.23 $0.25 <br />$10,000 $0.45 $0.50 <br />$25,000 $1.13 $1.25 <br />$50,000 $2.25 $2.50 <br /> --- -- <br />$75,000 $3.38 $3.75 <br />.-- --- <br />$100,000 $4.50 $5.00 <br />$150,000 $6.75 $7.50 <br /> - <br />$250,000 $11.25 $12.50 <br /> <br />Aaricultural Properties <br /> <br />Parcel Size Maximum Annual Assessment <br />( Acres) <br />20 $10.00 <br />------ 1--. q <br />40 $20.00 <br />-- ----- <br />80 $40.00 <br />-_._-- . ---------- <br />160 $80.00 <br /> ----------- <br />640 $320.00 <br /> <br />Project Cost Summary <br /> <br />Estimated Total Project Cost <br />Estimated NDSWC Funding <br />Estimated Local Cost <br /> <br />$95,000.00 <br />$18.125.00 <br />$76,875.00 <br /> <br />Estimated Total Annual Revenue <br />Years of Assessments <br /> <br />$12,125.00 <br />6.3 <br /> <br />MOORE ENGINEERING, INC. <br /> <br />- <br />