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<br />Elmira/Maple <br />Original Math using .13 reduction <br />Reduced assessable cost$1,201,560.00x0.870=$1,045,357.20 <br />Reduction$1,201,560.00-1,045,357.200=$156,202.80 <br />Increased City Share$3,291,360.00-$1,045,357.20=$2,246,002.80 <br />Reduced Front Foot Cost$87.69[Percent reduction x (Paving + Sidewalk FF Costs)] less Sidewalk FF cost <br />Crest/Storey/Friendly <br />Original Math using .13 reduction <br />Reduced assessable cost$2,025,907.11x0.870=$1,762,539.19 <br />Reduction$2,025,907.11-1,762,539.186=$263,367.92 <br />Increased City Share$3,791,376.34-$1,762,539.19=$2,028,837.15 <br />Reduced Front Foot Cost$114.32[Percent reduction x (Paving + Sidewalk FF Costs)] less Sidewalk FF cost <br />Chad Drive/Old Coburg Road <br />Original Math using .13 reduction <br />Reduced assessable cost$470,862.07x0.870=$409,650.00 <br />Reduction$470,862.07-409,650.001=$61,212.07 <br />Increased City Share$2,466,338.97-$409,650.00=$2,056,688.97 <br />Reduced Front Foot Cost (10')$97.01[Percent reduction x (Paving + Sidewalk FF Costs)] less Sidewalk FF cost <br />Reduced Front Foot Cost (7')$66.70 <br />Sum Reduced Assessments$480,782.79 <br />Available Reduction$500,000.00 <br />Difference$19,217.21 <br />Double check percent reduction being used: <br />Available Reduction$500,000.00 <br />Original Assessable Costs$3,698,329.18 <br />Percent Reduction0.135196186 <br /> <br />