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T <br /> Regarding the timing of other costs, we hope that the alley assessment will not need to be paid until FY07. It is <br /> possible but not guaranteed that we will receive the Quinney exchange revenue before the assessment is due, <br /> however it's unlikely that we'll be able to appropriate the funds in time to use them directly for payment. Note also that <br /> we have committed through the agreement to improve the newly configured site with irrigated turf. Time line for the <br /> turf improvements would be 2008. <br /> The following are total, current anticipated costs for the West University Park Exchange: <br /> <br /> Alley assessment: $33k <br /> Environmental assessment: $2k <br /> Attorney fees: $2k <br /> Lot line adjustment app: $4k <br /> Irrigated turf improvements: $30k <br /> total $71 k <br /> We'll be receiving the following revenue from Bob Quinney if/when the deal closes, possibly in June 06. We would like <br /> to appropriate these funds to the project account as soon as possible following receipt. <br /> Property value difference: $30k <br /> 1 /2 of Env Assmt: $1 k <br /> 1/2 of lot line adj. app. $2k <br /> total $33k <br /> Thank you! <br /> Robin Alan Hostick <br /> Principal Landscape Architect, AIC <br /> City of Eugene <br /> Parks & Open Space Planning <br /> 1820 Roosevelt Blvd. <br /> Eugene, OR 97402 <br /> tel. 541.682.4915 <br /> fax 541.682.4882 <br /> 2 <br /> <br />