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. detention basin C-l will be restricted to an amount which only equals the amount that can be accepted by the existing 24 inch culvert under Red Fox Road. In other words, this plan is reducing all of the flows from the industxial properties and commercial properties in this area to the amount that exists today. This greatly decreases the need for any larger size storm sewer pipe on the south end of Lexington Avenue. The proposed plan by Arden Hills also includes . MAN FROM AUDIENCE: Pardon me, you said the south end. Are you talking about Lexington south of 694? MR. CHRISTOFFERSEN: Yes. Arden Hills also proposes to construct a storm sewer beginning just north of Red Fox Road, south of the interstate freeway on the west side, along the west side of Lexington Avenue down to Grey Fox Road, thus replacing the large open ditch that's in that location, add an additional storm sewer on Grey Fox Road, the capacity of the existing 42 inch is not of a sufficient size to carry the drainage, and also continue that drainage all the way along Grey Fox Road on the north side to its westerly end and then north along the east side of the frontage road and crossing that into Bethel Ditch. There are no plans, other than detention basin C-l, there are no specific plans for detention basins that we have shown on the north side. It is anticipated that all the undeveloped properties in Arden Hills and Shoreview and the main undeveloped properties in Arden Hills - the Tri-State Land Company, a portion owned by, I believe, Mr. Reiling, and the GOuld property in this area - these are the only three major areas left to be developed in Arden Hills. In each one of those cases the only requirements to developing that land would be to follow the Rice Creek Water- shed District's requirement for taking care of your own water and not water from other sources. Shoreview is expected to follow the same procedure south of the freeway. I believe that concludes my portion of the presentation. MAYOR CRICHTON: Following the procedure we have, Mr. Popovich, would you explain the financing. . MR. POPOVICH: Mayor and members of the council, the total cost of this combined project, the published cost is $1,533,782, which includes capitalized interest and all the other costs. The Arden Hills' share is estimated to be $945,527.00. Ramsey County's share, $83,831, and Shoreview, $504,424. That's exclusive of Ramsey County's proportion of actual - whatever they do on Lexington themselves. It's what they would con- . tribute towards this project. It contemplates a joint powers agreement between Shoreview, Ramsey County and Arden Hills to facilitate putting in this joint operation. Obviously, our recommendation is that, assuming the matter went ahead, the City would issue its financing and Shoreview would be paying the City as you went along in some fashion that's presently being nego- tiated with Shoreview, so that when the project was all done, the funds from both communities would be utilized to pay for the project. There are 248 approximate acres believes to be bene- fitted by the improvement. 4