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<br />assessment on property in the District, based on the benefit conferred by such <br />project, to pay all of the costs of such improvements. <br /> <br />(3) The general nature of the public improvements and supplemental services in the <br />District is set forth below. <br /> <br />(a) The improvements include engineering and construction of water, wastewater, <br />storm sewer facilities, creation and administration costs, and interest. <br />(b) The supplemental services include operation and maintenance of common <br />areas and green spaces, recreational facilities, and other common facilities. <br /> <br />(4) The estimated costs of the public improvements over the fifteen years are a total <br />of $3.75 million. The estimated costs of the supplemental services over the <br />fifteen years are $2.0 million. <br /> <br />(5) The boundaries of the District are fully described in Exhibit A attached hereto. <br /> <br />(6) The proposed methods of assessment is as follows: <br /> <br />(a) The assessment for the Public Improvements is proposed to be by value, <br />per lot, or according to the square footage of property without regard to <br />improvements on the property. <br /> <br />( <br /> <br />(7) <br /> <br />The proposed method of apportionment of the cost of the improvements between <br />the District and the City as a whole is as follows: <br /> <br />(a) The District will bear 100 percent of the costs of the Public Improvements. <br /> <br />Section 2. This Resolution shall be passed fmally on the date of its introduction and <br />shall take effect immediately upon its passage and approval. <br /> <br />PASSED AND ADOPTED this <br /> <br />day of <br /> <br />, 2006. <br /> <br />Alton Porter, Mayor <br /> <br />Approved as to form: <br /> <br />Attest: <br /> <br />, City Attorney <br /> <br />, City Secretary <br /> <br />( <br />