Report to: General Committee Report Date: April 16, 2007

SUBJECT: Cachet Estates/Glenbourne Park Drive Water Distribution System – Fee By-law

PREPARED BY: Renée Chong, Capital Works Engineer, ext. 2034

RECOMMENDATION:

THAT the report entitled “Cachet Estates/Glenbourne Park Drive Water Distribution System – Fee By-law” be received;

AND THAT Council enact a fee (attached) by-law pursuant to Section 391 of the Municipal Act 2001 for costs associated with the water distribution system;

AND THAT the Finance Department be authorized to collect the total project costs for the Cachet Estates/Glenbourne Park Drive water distribution system from the area property owners (as set out in the fee by-law) in the amount of $22,000 per lot;

AND THAT the costs per lot be paid as either an interest free lump sum payment or annually up to a maximum of 10 years accruing interest at the same rate as the current Region of York debenture rate (4.4%), calculated annually in advance;

AND THAT any unpaid amounts be added to the tax account of each property owner;

AND THAT remaining funds $392,968.82 be transferred to the Operations Department for the paving restoration work within this area;

AND THAT staff be authorized and directed to do all things necessary to give effect to this resolution.

FINANCIAL CONSIDERATIONS:

Based on the final cost of construction, the cost per lot to benefiting owners of the Cachet Estates/Glenbourne Park Drive water distribution system is $22,000. Residents have the option of paying the amount in full as an interest free lump sum or annually up to a maximum of 10 years with interest payable at the same rate as the current 10 year Region of York Debenture Interest Rate (4.4%). Payment of any outstanding balance plus accrued interest would be permitted at any time. All costs recovered from the property owners are to be credited back to the Life Cycle Replacement and Capital Reserve Fund which funded the construction of this project.

1. Purpose 2. Background 3. Discussion 4. Financial

5. Others (Environmental, Accessibility, Engage 21st, Affected Units) 6. Attachment(s)

PURPOSE:

The purpose of this report is to seek Council’s approval for the fee by-law to recover the cost of the Cachet Estates/Glenbourne Park Drive water distribution system from the benefiting property owners.

BACKGROUND:

The project area known as Cachet Estates/Glenbourne Park Drive is located south of Major Mackenzie Drive, East of Woodbine Avenue and extends west of Warden Avenue (Attachment A). Residents within this area were on private wells and septic tank.

On April 12, 2005 Council authorized staff to proceed with the construction of the Cachet Estates/Glenbourne Park Drive water distribution system and recover the cost in accordance with a fee by-law enacted pursuant to Section 391 of the Municipal Act. The original projected cost of the distribution system totaled $7,138,459.15. Council directed that the total project cost, including costs for construction, engineering, contract administration and any other project related costs was not to exceed $6,666,000.00 or $22,000.00 per lot which was to be equally shared by the then estimated 303 lots in the distribution area. The actual number of lots benefiting from the system has increased to 305, as at the time of the original report in 2003, here was a block of land since severed to create two additional lots.

Memme Excavating Co. Ltd. was awarded the contract in April of 2005 and their work is complete. The Town’s Operations Department will carry out the final asphalt restoration in this area. This will allow the watermain road works to be combined with the Operations Department road resurfacing program resulting in a comprehensive resurfacing program for the area.

OPTIONS/ DISCUSSION:

Fee By-law

Section 391 of the Municipal Act requires that Council enact a fee by-law to recover the front-ended costs from the benefiting property owners. A fee by-law may provide for interest charges and other penalties for fees that are due and unpaid. Fees may be added to the tax roll and collected in the same manner as taxes.

The fee by-law may provide the residents with the option of paying the full amount in an interest free lump sum payment or annually up to a maximum of 10 years with interest payable at the same rate as the current 10 year Region of York Debenture Interest Rate. The current rate is 4.4%. Payment in full of the outstanding balance plus accrued interest would be permitted at anytime.

Total Project Cost

A comparison of the estimated costs at the time of contract award in 2005 and the final project cost is shown below.

	April 2005 Budget	February 2007 Actuals	Funds Remaining
Construction Cost	$6,156,025.92	$5,916,843.41	$239,182.51
Modified Construction Contingency	$41,462.85	$0.00	$41,462.85
Contract Administration	$138,510.58	$153,145.49	($14,634.91)
Engineering Design Fees	$144,100.00	$138,718.53	$5,381.47
Geotechnical/Soil Testing	$32,000.00	$28,323.75	$3,676.25
Engineering Department P.M. Fee @ 2.5%	$153,900.65	$80,000.00	$73,900.65
TOTAL vs. Original Budget	$6,666,000.00	$6,317,031.18	$348,968.82
Incremental Funding from 2 extra lots (2 x $22,000)	$44,000.00	$0.00	$44,000.00
TOTAL with Incremental Funding	$6,710,000.00	$6,317,031.18	$392,968.82

The Operations Department has advised that the actual asphalt restoration and repair works will exceed budget available of $275,068.17 (funds remaining before reduction in engineering fees & contribution from additional lots) due to a change in scope from the original contract. This work will be tendered later in the year and a report will be presented to Council.

In order to finance the restoration works the Engineering Department recommended $73,900.65 of their project management fee for this project be applied towards the asphalt restoration.

In addition it is recommended that the 305 lots in this improvement area be assessed the maximum committed rate of $22,000. This would provide an additional $44,000 towards the asphalt restoration program. Total funding remaining for this project, which is shown in the table above, will be made available for asphalt restoration ($392,968.82). It is anticipated that the tender will be exceed the available funding and any request for additional funds will be made at the time of the award.

BUSINESS UNITS CONSULTED AND AFFECTED:

Legal, Finance and Operations Departments have reviewed and commented on this report.

RECOMMENDED BY:

Alan Brown, C.E.T.

Director of Engineering

Jim Baird, M.C.I.P., R.P.P.

Commissioner of Development Services

ATTACHMENTS:

Attachment A – Location Map

Attachment B – Draft Bylaw – Cachet Estates/ Glenbourne Park Drive Wtermain System Fees By-law

Q:\Development\Engineering\REPORTS\2007\April\Fee By-law Report CACHET - updated Mar 13.doc

Attachment B: Draft Bylaw – Cachet Estates / Glenbourne Park Drive Watermain System Fees By-law

BY- LAW 2007 –

Being a by-law to levy the actual cost of construction of the watermain distribution system in Cachet Estates / Glenbourne Park Drive

WHEREAS paragraph 391(1)(a) of the Municipal Act, 2001 provides that a municipality may pass a by-law for imposing fees or charges or activities provided by or done on behalf of it;

AND WHEREAS Council of The Corporation of the Town of Markham on April 12, 2005 authorized a by-law to levy the actual cost of construction of a watermain distribution system in Cachet Estates and Glenbourne Park Drive;

NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF MARKHAM ENACTS AS FOLLOWS:

1. Cachet Estates / Glenbourne Park Drive is comprised of those properties on the streets as set out in Schedule "A" attached hereto. These properties shall hereinafter be referred to collectively as "Cachet Estates /Glenbourne Park Drive".

2. The actual cost of construction of the watermain distribution system installed in “Cachet Estate / Glenbourne Park Drive” is $6,710,000 (the "Actual Cost").

3. The Actual Cost shall be allocated equally to each lot in “Cachet Estate / Glenbourne Park Drive”. The cost per lot (the “Lot Cost”) shall be $22,000.00.

4. Each property owner in “Cachet Estates / Glenbourne Park Drive” shall pay the Lot Cost by making the annual payments, comprised of principal and interest, as set out in Schedule "B" attached hereto. The payments shall be made in instalments as set by the final annual tax levy by-law until the Lot Cost is paid in full.

5. Interest shall be calculated and paid by each property owner on the outstanding principal amount at the rate of 4.4% annually.

6. Notwithstanding section 4 above, the outstanding balance, plus accrued interest up to the date of payment, may be paid at any time prior to December 31, 2016.

7. There shall be no interest payable if the Lot Cost is paid in full by July 31, 2007.

8. The Schedules attached hereto shall be and form part of this By-law.

READ A FIRST, SECOND AND THIRD TIME AND PASSED THIS DAY OF , 2007.

__________________________ __________________________

SHEILA BIRRELL, CLERK FRANK SCARPITTI, MAYOR

SCHEDULE “A”

TO BY-LAW 2007-

Street No	Street Name	Lot Cost
1	AHORN GROVE	$22,000.00
3	AHORN GROVE	$22,000.00
5	AHORN GROVE	$22,000.00
2	ALLEN MANOR	$22,000.00
6	ALLEN MANOR	$22,000.00
10	ALLEN MANOR	$22,000.00
15	ALLEN MANOR	$22,000.00
16	ALLEN MANOR	$22,000.00
18	ALLEN MANOR	$22,000.00
19	ALLEN MANOR	$22,000.00
22	ALLEN MANOR	$22,000.00
23	ALLEN MANOR	$22,000.00
26	ALLEN MANOR	$22,000.00
27	ALLEN MANOR	$22,000.00
2	BERNADOTTE DRIVE	$22,000.00
3	BERNADOTTE DRIVE	$22,000.00
4	BERNADOTTE DRIVE	$22,000.00
5	BERNADOTTE DRIVE	$22,000.00
6	BERNADOTTE DRIVE	$22,000.00
8	BERNADOTTE DRIVE	$22,000.00
12	BERNADOTTE DRIVE	$22,000.00
14	BERNADOTTE DRIVE	$22,000.00
15	BERNADOTTE DRIVE	$22,000.00
16	BERNADOTTE DRIVE	$22,000.00
18	BERNADOTTE DRIVE	$22,000.00
22	BERNADOTTE DRIVE	$22,000.00
26	BERNADOTTE DRIVE	$22,000.00
2	BLENCATHRA HILL	$22,000.00
4	BLENCATHRA HILL	$22,000.00
5	BLENCATHRA HILL	$22,000.00
6	BLENCATHRA HILL	$22,000.00
8	BLENCATHRA HILL	$22,000.00
9	BLENCATHRA HILL	$22,000.00
10	BLENCATHRA HILL	$22,000.00
12	BLENCATHRA HILL	$22,000.00
14	BLENCATHRA HILL	$22,000.00
15	BLENCATHRA HILL	$22,000.00
16	BLENCATHRA HILL	$22,000.00
17	BLENCATHRA HILL	$22,000.00
18	BLENCATHRA HILL	$22,000.00
20	BLENCATHRA HILL	$22,000.00
21	BLENCATHRA HILL	$22,000.00
22	BLENCATHRA HILL	$22,000.00
23	BLENCATHRA HILL	$22,000.00
24	BLENCATHRA HILL	$22,000.00
25	BLENCATHRA HILL	$22,000.00
26	BLENCATHRA HILL	$22,000.00
27	BLENCATHRA HILL	$22,000.00
28	BLENCATHRA HILL	$22,000.00
29	BLENCATHRA HILL	$22,000.00
30	BLENCATHRA HILL	$22,000.00
32	BLENCATHRA HILL	$22,000.00
1	BOWES-LYON COURT	$22,000.00
3	BOWES-LYON COURT	$22,000.00
5	BOWES-LYON COURT	$22,000.00
7	BOWES-LYON COURT	$22,000.00
9	BOWES-LYON COURT	$22,000.00
11	BOWES-LYON COURT	$22,000.00
15	BOWES-LYON COURT	$22,000.00
17	BOWES-LYON COURT	$22,000.00
19	BOWES-LYON COURT	$22,000.00
21	BOWES-LYON COURT	$22,000.00
23	BOWES-LYON COURT	$22,000.00
25	BOWES-LYON COURT	$22,000.00
27	BOWES-LYON COURT	$22,000.00
1	CACHET PARKWAY	$22,000.00
3	CACHET PARKWAY	$22,000.00
4	CACHET PARKWAY	$22,000.00
5	CACHET PARKWAY	$22,000.00
6	CACHET PARKWAY	$22,000.00
7	CACHET PARKWAY	$22,000.00
8	CACHET PARKWAY	$22,000.00
9	CACHET PARKWAY	$22,000.00
10	CACHET PARKWAY	$22,000.00
11	CACHET PARKWAY	$22,000.00
12	CACHET PARKWAY	$22,000.00
14	CACHET PARKWAY	$22,000.00
15	CACHET PARKWAY	$22,000.00
16	CACHET PARKWAY	$22,000.00
17	CACHET PARKWAY	$22,000.00
18	CACHET PARKWAY	$22,000.00
19	CACHET PARKWAY	$22,000.00
20	CACHET PARKWAY	$22,000.00
21	CACHET PARKWAY	$22,000.00
23	CACHET PARKWAY	$22,000.00
26	CACHET PARKWAY	$22,000.00
28	CACHET PARKWAY	$22,000.00
29	CACHET PARKWAY	$22,000.00
31	CACHET PARKWAY	$22,000.00
33	CACHET PARKWAY	$22,000.00
34	CACHET PARKWAY	$22,000.00
35	CACHET PARKWAY	$22,000.00
36	CACHET PARKWAY	$22,000.00
37	CACHET PARKWAY	$22,000.00
38	CACHET PARKWAY	$22,000.00
39	CACHET PARKWAY	$22,000.00
41	CACHET PARKWAY	$22,000.00
43	CACHET PARKWAY	$22,000.00
45	CACHET PARKWAY	$22,000.00
46	CACHET PARKWAY	$22,000.00
47	CACHET PARKWAY	$22,000.00
48	CACHET PARKWAY	$22,000.00
49	CACHET PARKWAY	$22,000.00
50	CACHET PARKWAY	$22,000.00
52	CACHET PARKWAY	$22,000.00
54	CACHET PARKWAY	$22,000.00
56	CACHET PARKWAY	$22,000.00
57	CACHET PARKWAY	$22,000.00
58	CACHET PARKWAY	$22,000.00
59	CACHET PARKWAY	$22,000.00
60	CACHET PARKWAY	$22,000.00
61	CACHET PARKWAY	$22,000.00
62	CACHET PARKWAY	$22,000.00
63	CACHET PARKWAY	$22,000.00
65	CACHET PARKWAY	$22,000.00
67	CACHET PARKWAY	$22,000.00
68	CACHET PARKWAY	$22,000.00
70	CACHET PARKWAY	$22,000.00
72	CACHET PARKWAY	$22,000.00
74	CACHET PARKWAY	$22,000.00
75	CACHET PARKWAY	$22,000.00
76	CACHET PARKWAY	$22,000.00
77	CACHET PARKWAY	$22,000.00
79	CACHET PARKWAY	$22,000.00
81	CACHET PARKWAY	$22,000.00
7A	CACHET PARKWAY	$22,000.00
1	CASTLE COURT	$22,000.00
3	CASTLE COURT	$22,000.00
5	CASTLE COURT	$22,000.00
7	CASTLE COURT	$22,000.00
9	CASTLE COURT	$22,000.00
2	CUMBERLAND COURT	$22,000.00
4	CUMBERLAND COURT	$22,000.00
6	CUMBERLAND COURT	$22,000.00
7	CUMBERLAND COURT	$22,000.00
8	CUMBERLAND COURT	$22,000.00
1	DECOURCY COURT	$22,000.00
3	DECOURCY COURT	$22,000.00
5	DECOURCY COURT	$22,000.00
7	DECOURCY COURT	$22,000.00
2	DEVON COURT	$22,000.00
4	DEVON COURT	$22,000.00
6	DEVON COURT	$22,000.00
8	DEVON COURT	$22,000.00
10	DEVON COURT	$22,000.00
12	DEVON COURT	$22,000.00
4	GLENBOURNE PARK DRIVE	$22,000.00
5	GLENBOURNE PARK DRIVE	$22,000.00
6	GLENBOURNE PARK DRIVE	$22,000.00
7	GLENBOURNE PARK DRIVE	$22,000.00
8	GLENBOURNE PARK DRIVE	$22,000.00
9	GLENBOURNE PARK DRIVE	$22,000.00
10	GLENBOURNE PARK DRIVE	$22,000.00
11	GLENBOURNE PARK DRIVE	$22,000.00
12	GLENBOURNE PARK DRIVE	$22,000.00
15	GLENBOURNE PARK DRIVE	$22,000.00
17	GLENBOURNE PARK DRIVE	$22,000.00
18	GLENBOURNE PARK DRIVE	$22,000.00
19	GLENBOURNE PARK DRIVE	$22,000.00
20	GLENBOURNE PARK DRIVE	$22,000.00
21	GLENBOURNE PARK DRIVE	$22,000.00
22	GLENBOURNE PARK DRIVE	$22,000.00
23	GLENBOURNE PARK DRIVE	$22,000.00
24	GLENBOURNE PARK DRIVE	$22,000.00
25	GLENBOURNE PARK DRIVE	$22,000.00
26	GLENBOURNE PARK DRIVE	$22,000.00
27	GLENBOURNE PARK DRIVE	$22,000.00
29	GLENBOURNE PARK DRIVE	$22,000.00
31	GLENBOURNE PARK DRIVE	$22,000.00
33	GLENBOURNE PARK DRIVE	$22,000.00
35	GLENBOURNE PARK DRIVE	$22,000.00
37	GLENBOURNE PARK DRIVE	$22,000.00
39	GLENBOURNE PARK DRIVE	$22,000.00
41	GLENBOURNE PARK DRIVE	$22,000.00
43	GLENBOURNE PARK DRIVE	$22,000.00
45	GLENBOURNE PARK DRIVE	$22,000.00
47	GLENBOURNE PARK DRIVE	$22,000.00
49	GLENBOURNE PARK DRIVE	$22,000.00
50	GLENBOURNE PARK DRIVE	$22,000.00
51	GLENBOURNE PARK DRIVE	$22,000.00
52	GLENBOURNE PARK DRIVE	$22,000.00
53	GLENBOURNE PARK DRIVE	$22,000.00
55	GLENBOURNE PARK DRIVE	$22,000.00
57	GLENBOURNE PARK DRIVE	$22,000.00
2	GLENHOLLOW COURT	$22,000.00
6	GLENHOLLOW COURT	$22,000.00
4	GLENMAPLE COURT	$22,000.00
6	GLENMAPLE COURT	$22,000.00
8	GLENMAPLE COURT	$22,000.00
3231	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3251	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3520	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3539	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3540	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3549	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3590	MAJOR MACKENZIE DRIVE EAST	$22,000.00
3803	MAJOR MACKENZIE DRIVE EAST	$22,000.00
2	MELANIE COURT	$22,000.00
8	MELANIE COURT	$22,000.00
11	OLD 17TH AVENUE	$22,000.00
21	OLD 17TH AVENUE	$22,000.00
51	OLD 17TH AVENUE	$22,000.00
1	PERSONNA BOULEVARD	$22,000.00
3	PERSONNA BOULEVARD	$22,000.00
5	PERSONNA BOULEVARD	$22,000.00
7	PERSONNA BOULEVARD	$22,000.00
9	PERSONNA BOULEVARD	$22,000.00
10	PERSONNA BOULEVARD	$22,000.00
11	PERSONNA BOULEVARD	$22,000.00
12	PERSONNA BOULEVARD	$22,000.00
14	PERSONNA BOULEVARD	$22,000.00
15	PERSONNA BOULEVARD	$22,000.00
16	PERSONNA BOULEVARD	$22,000.00
17	PERSONNA BOULEVARD	$22,000.00
18	PERSONNA BOULEVARD	$22,000.00
19	PERSONNA BOULEVARD	$22,000.00
20	PERSONNA BOULEVARD	$22,000.00
21	PERSONNA BOULEVARD	$22,000.00
22	PERSONNA BOULEVARD	$22,000.00
23	PERSONNA BOULEVARD	$22,000.00
24	PERSONNA BOULEVARD	$22,000.00
25	PERSONNA BOULEVARD	$22,000.00
26	PERSONNA BOULEVARD	$22,000.00
27	PERSONNA BOULEVARD	$22,000.00
28	PERSONNA BOULEVARD	$22,000.00
29	PERSONNA BOULEVARD	$22,000.00
32	PERSONNA BOULEVARD	$22,000.00
33	PERSONNA BOULEVARD	$22,000.00
34	PERSONNA BOULEVARD	$22,000.00
35	PERSONNA BOULEVARD	$22,000.00
37	PERSONNA BOULEVARD	$22,000.00
39	PERSONNA BOULEVARD	$22,000.00
50	PERSONNA BOULEVARD	$22,000.00
1	RICHARD PERSON DRIVE	$22,000.00
2	RICHARD PERSON DRIVE	$22,000.00
6	RICHARD PERSON DRIVE	$22,000.00
7	RICHARD PERSON DRIVE	$22,000.00
10	RICHARD PERSON DRIVE	$22,000.00
14	RICHARD PERSON DRIVE	$22,000.00
15	RICHARD PERSON DRIVE	$22,000.00
19	RICHARD PERSON DRIVE	$22,000.00
23	RICHARD PERSON DRIVE	$22,000.00
27	RICHARD PERSON DRIVE	$22,000.00
30	RICHARD PERSON DRIVE	$22,000.00
31	RICHARD PERSON DRIVE	$22,000.00
34	RICHARD PERSON DRIVE	$22,000.00
35	RICHARD PERSON DRIVE	$22,000.00
38	RICHARD PERSON DRIVE	$22,000.00
39	RICHARD PERSON DRIVE	$22,000.00
46	RICHARD PERSON DRIVE	$22,000.00
49	RICHARD PERSON DRIVE	$22,000.00
50	RICHARD PERSON DRIVE	$22,000.00
53	RICHARD PERSON DRIVE	$22,000.00
54	RICHARD PERSON DRIVE	$22,000.00
57	RICHARD PERSON DRIVE	$22,000.00
2	SCANDIA COURT	$22,000.00
6	SCANDIA COURT	$22,000.00
8	SCANDIA COURT	$22,000.00
5	SYLVIA COURT	$22,000.00
6	SYLVIA COURT	$22,000.00
9	SYLVIA COURT	$22,000.00
10	SYLVIA COURT	$22,000.00
12	SYLVIA COURT	$22,000.00
15	SYLVIA COURT	$22,000.00
18	SYLVIA COURT	$22,000.00
1	WALSINGHAM COURT	$22,000.00
3	WALSINGHAM COURT	$22,000.00
5	WALSINGHAM COURT	$22,000.00
7	WALSINGHAM COURT	$22,000.00
9	WALSINGHAM COURT	$22,000.00
9563	WARDEN AVENUE	$22,000.00
9725	WARDEN AVENUE	$22,000.00
9735	WARDEN AVENUE	$22,000.00
9759	WARDEN AVENUE	$22,000.00
9779	WARDEN AVENUE	$22,000.00
9795	WARDEN AVENUE	$22,000.00
9799	WARDEN AVENUE	$22,000.00
9821	WARDEN AVENUE	$22,000.00
9964	WARDEN AVENUE	$22,000.00
9977	WARDEN AVENUE	$22,000.00
9988	WARDEN AVENUE	$22,000.00
1	WILLOW CREEK DRIVE	$22,000.00
2	WILLOW CREEK DRIVE	$22,000.00
3	WILLOW CREEK DRIVE	$22,000.00
4	WILLOW CREEK DRIVE	$22,000.00
6	WILLOW CREEK DRIVE	$22,000.00
8	WILLOW CREEK DRIVE	$22,000.00
9835	WOODBINE AVENUE	$22,000.00
9845	WOODBINE AVENUE	$22,000.00
9921	WOODBINE AVENUE	$22,000.00
9941	WOODBINE AVENUE	$22,000.00
9947	WOODBINE AVENUE	$22,000.00
9963	WOODBINE AVENUE	$22,000.00
0*	GLENBOURNE PARK DRIVE	$22,000.00
28*	GLENBOURNE PARK DRIVE	$22,000.00
40*	GLENBOURNE PARK DRIVE	$22,000.00

Note: (*) These 3 blocks have been serviced into 12 separate lots but have not yet been separately assessed so the levy will be billed to the current owner (developer).

SCHEDULE “B”

TO BY-LAW 2007 –

Address: Cachet Estates / Glenbourne Park Drive

Repayment Plan: Maximum of 10 years at 4.4%

Cost per lot: $22,000.00

Interest: 4.4%

Year	Beg	Interest	Payment	Total
2007	$22,000.00	$ 968.00	$ 2,766.68	$20,201.32
2008	$20,201.32	$ 888.86	$ 2,766.68	$18,323.50
2009	$18,323.50	$ 806.23	$ 2,766.68	$16,363.05
2010	$16,363.05	$ 719.97	$ 2,766.68	$14,316.35
2011	$14,316.35	$ 629.92	$ 2,766.68	$12,179.59
2012	$12,179.59	$ 535.90	$ 2,766.68	$ 9,948.81
2013	$ 9,948.81	$ 437.75	$ 2,766.68	$ 7,619.87
2014	$ 7,619.87	$ 335.27	$ 2,766.68	$ 5,188.47
2015	$ 5,188.47	$ 228.29	$ 2,766.68	$ 2,650.08
2016	$ 2,650.08	$ 116.60	$ 2,766.68	$ 0.01
Total		$5,666.81	$27,666.80