Question

The owner of a property just found out that the municipality is going to be putting in sidewalks. The cost of the sidewalks is going to be assessed at $18.00 per linear foot. The owner has a 120-foot lot excluding the driveway. How much will the property owner's special assessment be?

Answer 1

To calculate the special assessment cost for the property owner, multiply the length of the lot (120 feet) by the cost per linear foot ($18.00), resulting in a total of $2,160.00.

Step-by-step explanation:

The question involves calculating the cost of putting in sidewalks where the municipality has set a rate of $18.00 per linear foot. To find the total special assessment for the property owner, you multiply the rate by the length of the property that will get the sidewalk. In this case, the owner has a 120-foot lot excluding the driveway. Therefore, the calculation would be 120 feet times $18.00 per linear foot.

Calculation:
120 feet × $18.00/foot = $2,160.00

So, the property owner's special assessment for the sidewalk would be $2,160.00.