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Recalculate Reducted Assessments Using0.1352 <br />Elmira/Maple <br />Recalculated Reduction Using .1352 <br />Reduced assessable cost$1,201,560.00x0.8648=$1,039,109.09 <br />Reduction$1,201,560.00-1,039,109.088=$162,450.91 <br />Increased City Share$3,291,360.00-$1,039,109.09=$2,252,250.91 <br />Reduced Front Foot Cost$87.03[Percent reduction x (Paving + Sidewalk FF Costs)] less Sidewalk FF cost <br />Crest/Storey/Friendly <br />Recalculated Reduction Using .1352 <br />Reduced assessable cost$2,025,907.11x0.8648=$1,752,004.47 <br />Reduction$2,025,907.11-1,752,004.469=$273,902.64 <br />Increased City Share$3,780,992.21-$1,752,004.47=$2,028,987.74 <br />Reduced Front Foot Cost$114.12[Percent reduction x (Paving + Sidewalk FF Costs)] less Sidewalk FF cost <br />Chad Drive/Old Coburg Road <br />Recalculated Reduction Using .1352 <br />Reduced assessable cost$470,862.07x0.8648=$407,201.52 <br />Reduction$470,862.07-407,201.518=$63,660.55 <br />Increased City Share$2,463,927.49-$407,201.52=$2,056,725.97 <br />Reduced Front Foot Cost (10')$96.24[Percent reduction x (Paving + Sidewalk FF Costs)] less Sidewalk FF cost <br />Reduced Front Foot Cost (7')$66.12 <br />Sum Reduced Assessments$500,014.11 <br />Available Reduction$500,000.00 <br />Difference-$14.11 <br />