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Article 26, 27-30 and 35-36 - Street Acceptances - Betterments - Estimated

Town Meeting · Town Meeting archive year 2018 · Record 213d3e2b79e330809d

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STREET ACEPTANCE BETTERMENTS (Estimates)



  WASHINGTON COMMONS                         ~ ~~ ~~~':J r/
  Costs
          Construction                       $  78,042.00 $   78,042.00 $ 78,042.00
         Recording                                  $500 $       500.00 $      500.00
         Survey (layout)                     $   5,500.00 $    4,800.00 $    4,800.00
         Acquisition cost                    $       1.00 $ 164,040.00 $        24.00 acquisition cost $2.50/SF
         Appraisals                          $   6,000.00 $   15,000.00             0
         Less Surety                         $ (32,335.17) $ (32,335.17) $ (32,335.17)
         Sum                                 $ 57,707.83 $ 230,046.83 $ 51,030.83
  U NITS
  PER UNIT BETTERMENT                        $     4,121.99 $           16,431.92 $         3,645.06

   YEAR         BAL            PRIN               I NT                 TOTAL               BAL
     1  $      3,645.06     $   364.51     $         182.25       $       546.76      $    3,280.55
     2  $      3,280.55     $   364.51     $         164.03       $       528.54      $    2,916.04
     3  $      2,916.04     $   364.51     $         145.80       $       510.31      $    2,551.53
     4  $      2,551.53     $   364.51     $         127.58       $       492.09      $    2,187.02
     5  $      2,187.02     $   364.51     $         109.35       $       473.86      $    1,822.51
     6  $      1,822.51     $   364.51     $          91.13       $       455.64      $    1,458.00
     7  $      1,458.00     $   364.51     $          72.90       $       437.41      $    1,093.49
     8  $      1,093.49     $   364.51     $          54.67       $       419.18      $      728.98
     9  $        728.98     $   364.51     $          36.45       $       400.96      $      364.47
    10  $        364.47     $   364.47     $          18.22       $       382.69      $       (0.00)
  TOTAL                     $ 3,645.06     $      1,002.38        $     4,647.44


  KNOB HILL ESTATES            ~ F-fi ~ ~!'~O

          Construction                    $ 169,825.00 $ 169,825.00 $ 169,825.00
          Recording                                $500 $       500.00 $      500.00
          Survey (layout)                 $    5,500.00 $     7,200.00 $    7,200.00
          Acquisition cost                $         1.00 $ 472,250.00 $        45.00 acquisition cost $2.50/SF
          Appraisals                      $    6,000.00 $     9,500.00 $         -
          Less Surety                     $ (104,576.50) $ (104,576.50) $(104,576.50)
          Sum                             $ 77,249.50 $ 554,698.50 $ 72,993.50
 U NITS
 PER UNIT BETTERMENT                     $        2,340.89 $           16,809.05 $         2,211.92

  YEAR        BAL            PRIN                 I NT                TOTAL                BAL
    1  $     2,211.92     $   221.19     $           110.60   $          331.79    $       1,990.73
    2  $     1,990.73     $   221.19     $            99.54   $          320.73    $       1,769.54
    3  $     1,769.54     $   221.19     $            88.48   $          309.67    $       1,548.35
    4  $     1,548.35     $   221.19     $            77.42   $          298.61    $       1,327.16
    5  $     1,327.16     $   221.19     $            66.36   $          287.55    $       1,105.97
    6  $     1,105.97     $   221.19     $            55.30   $          276.49    $         884.78
    7  $       884.78     $   221.19     $            44.24   $          265.43    $        663.59
    8  $       663.59     $   221.19     $            33.18   $          254.37    $        442.40
    9  $       442.40     $   221.19     $            22.12   $          243.31    $        221.21
   10  $       221.21     $   221.21     $            11.06   $          232.27    $          (0.00)
 TOTAL                    $ 2,211.92     $          608.28    $        2,820.20


 COLTS CROSSING              ~ ~~        ~ Z~

         Gonstructfon                    $  70,042.00 $   70,042.00 $ 70,042.00
         Recording                              $500           $500         $500
         Survey (layout)                 $   5,500.00 $ 164,040.00 $     6,750.00 acquisition cost $2.50/SF
         Acquisition cost                $       1.00                $      17.00
         Appraisals                      $   6,000.00 $    5,000.00 $         -
         Less Surety                     $ (16,772.76) $ (16,772.76) $ (16,772.76)
         Sum                             $ 65,270.24 $ 222,809.24 $ 60,536.24
U NITS
PER UNIT BETTERMENT                      $       4,662.16 $            15,914.95 $        4,324.02


 YEAR    BAL               PRIN                  INT                  TOTAL               BAL
   1  $ 4,324.02        $   432.40     $           216.20     $          648.60   $       3,891.62
   2  $ 3,891.62        $   432.40     $           194.58     $          626.98   $       3,459.22
   3  $ 3,459.22        $   432.40     $           172.96     $          605.36   $       3,026.82
   4  $ 3,026.82        $   432.40     $           151.34     $          583.74   $       2,594.42
   5  $ 2,594.42        $   432.40     $           129.72     $          562.12   $       2,162.02
   6  $ 2,162.02        $   432.40     $           108.10     $          540.50   $       1,729.62
   7  $ 1,729.62        $   432.40     $            86.48     $          518.88   $       1,297.22
   8  $ 1,297.22        $   432.40     $            64.86     $          497.26   $         864.82
   9  $   864.82        $   432.40     $            43.24     $          475.64   $         432.42
  10  $  432.42         $   432.42     $            21.62     $          454.04   $          (0.00)
TOTAL                   $ 4,324.02     $         1,189.11     $        5,513.13




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