B. The total cost of the local improvement that may be assessed against the properties specially benefited by the improvement shall include, but not be limited to the following:

1. Direct or indirect costs incurred in order to undertake the capital construction project such as the costs of labor, materials, supplies, equipment, permits, survey, engineering, administration, supervision, inspection, insurance, advertising and notification, administration, accounting, depreciation, amortization, operation, maintenance, repair, replacement, contracts, debt service and assessment;

2. Financing costs, including interest charges; the costs of any necessary property, right-of-way or easement acquisition and condemnation proceedings; and

3. Attorneys’ fees and any other actual expense as allowed by state law.

C. Engineering and project management performed by the City in connection with local improvements shall be charged at the rate of 100 percent of the direct cost of services performed computed in accordance with the provisions of Section 5.48.030. The Responsible Engineer shall prepare a final engineer’s estimate of the engineering and construction costs. A final estimate of the total project costs, including costs reflected in the final engineer’s estimate, shall be prepared by the Local Improvement District Administrator.