On June 21, Austin city officials will decide the final bill for the sanitary sewer that will be built in the parts of the city that were annexed from Lansing Township.
The Austin City Council voted 7-0 to set a hearing on proposed assessments for 5:30 p.m. June 21 in the Council Chambers.
The city recently held two informational meetings about the project to discuss final assessments.
City engineer Jon Erichson told the council the amounts, which residents in the three north Austin subdivisions will pay, are lower than what the city anticipated in 2006 and 2010.
The project will cost $15,590.17 for each residential equivalent unit — less than the $17,300 to $18,300 range anticipated this spring — plus $1,500 for low pressure service and a pump unit.
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The interest rate on the project also has gone down, from 5.5 percent to 5 percent, because the city received a federal subsidy, Build America Bonds, under the American Reinvestment and Recovery Act.
