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<br /> r~; ,W~'~~':./ i~J?~'Y?f'iP'<'~'~~i~":~f7~1tIi~~"',{~:"" <br /> . i... ., . ...... 13 <br /> ' - .. .. <br /> . . <br /> . adeledto the $~Owhich would be spJ:ead.. over the 20yeu,per1od. <br /> The present taxes, theCounty Auditor tells _. would be approximately <br /> $490.00. To see what effect a sewer sys~em would have in this <br /> portion of the village we wanted to see what thh do..'tcLth. <br /> $490.00 because the auuslIl8nt 1& collected along wi th Your yearly <br /> taxes 8& you pay your homestead taxes on May31 and Octol::ler 31 of <br /> each year. First of all. 8& shown 1n No. ~ there i. no ""'1l0ge <br /> increa.e. The service charge would be $36.00 a year. Vou would <br /> have to pay that. That isn't co llected, however, with )Qlr .e..ment. <br /> That's billed .eparately to you bytheCounell. Then No. 7 would <br /> be 1/20 of the total as.essment. That's the $50.00 'ndt.M 1840.00 <br /> or $890.00 which would be S89.00 the fUo'.t yearwlththe average <br /> annual usessment at S66.7~. The first year the asse,a..nt cost <br /> . is greater because you're paying interest on . greater pozt1on <br /> and the last year it's only 1/20 ..your interut would be on a <br /> smaller portion and thus, the av.zag. annual as.essment1s <br /> estimat.d at this$66.7~. Breaking it down another way~lt's <br /> $10.42 a month the first year and $8.56 over the whole portion of <br /> the sewerauessmant. <br /> Tho sa of you who didn't at t.nd the IIllp:r:ov....nt N<:. lhea>>ing. <br /> should be told that this is a feasibility hearing on wh.~h.r the <br /> Council should proceed or not. We have a court reporter here <br /> taking down everything that ia .aid. ~n I get thzugb taling <br /> .the Mayor will uk for anyone who objec:ta or wants tc ask a que.tion <br /> or anything of that nature so when the ...ting 1. thrown open to <br /> the public, be sure when you get up thatyou.~ate your nalll8 and <br /> . address so that it's in the record, and indicate.wh.th.rYou~re <br /> I118rel y asking a question or opposed to the improvement orin favor <br />