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LMD 94-1
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LMD 94-1
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4/7/2020 8:53:20 PM
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4/16/2020
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*'W I LLDAN <br />B. SUMMARY OF TOTAL COSTS <br />COST OF ANNUAL MAINTENANCE <br />a. Park Maintenance $759,816 <br />b. Open Space Maintenance 125,122 <br />SUBTOTAL $884,938 <br />INCIDENTALS <br />a. Administration <br />$2,500 <br />b. Legal Fees <br />3,500 <br />c. Annual Engineer's Report (Engineering) <br />6,000 <br />CAPITAL IMPROVEMENTS <br />$74,500 <br />SUBTOTAL <br />$86,500 <br />TOTAL ESTIMATED ANNUAL COST <br />$971,438 <br />CONTRIBUTIONS (AD VALOREM REVENUE) <br />($271,555) <br />NET ANNUAL ASSESSMENT <br />$699,883 <br />Benefit Units <br />2,044 <br />Proposed Assessment Rate <br />Maximum Rate <br />ESTIMATED CIP BALANCE AS OF JUNE 30, 2020 <br />CIP FUND ACTIVITY <br />ESTIMATED CIP BALANCE AS OF JUNE 30, 2021 <br />$342.41 <br />$346.32 <br />$166,154 <br />$74,500 <br />$240,654 <br />2020/2021 Landscape Maintenance District No. 94-1 Page 9 of 21 <br />
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