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. - 18 we figured we might finance the planning of maybe $5,000. At that point it was a fair amount of money and a good share of that was already spent by the time we had that luncheon because (inaudible) Miller brought the initial plan for the landscaping (inaudible) to encourage people to really see (inaudible). My other comment, pointed at my good friend on the Planning commission and Finance Committee, is that as I recall our early days, Rod and I were (inaudible) to the original planning by a planner at that time which did designate this area for development along county Road E for anything but residential purposes and he took on the project that Arden Hills meant to have a concept for it and he showed how it might be parcelled into different size parcels of property and how they might relate to each other, just hoping and praying that somebody might like it and take advantage of that little pre- liminarysketching that he did, but it was a nice looking plan and most of us were rather skeptical (inaudible). I think we're still basically conservative as far as spending money of the city. MAYOR CREPEAU: Any other comments or questions? Anyone at all? We try to answer anybody's questions and listen to the pro or con. MARGE ERICKSON PETERSON, Co-Chairman of the Task Force: I think the question of bike paths has been discussed by the Committee and sidewalks wide enough (inaudible) and I think that's a valid question that needs to be addressed, and we're concerned that the bike path at Johanna Boulevard and down to Lexington - there's nothing there, but there's also a county plan to bring bike paths to Lexington through Shoreview and then turning north on Lexington to get up to the "Y" and we'd like to explore the connection of those two bike paths as they either start or end at the two points on County Road E as it exists now so that's a mat ter before the Commit~e. MAYOR CREPEAU: Don Salverda is supposed to give us an answer as to their plans but we haven't heard yet. If there are no more questions or comments it's up to the Council to decide whether to proceed with the project. If the Council decides to proceed, the motion would be ordering the improve- ment and preparation of plans. The improvement was petitioned by at least 35% of the property owners and a simple majority is needed to pass of 3/2 and if the Council wants to abandon the project, this can be done by a simple motion and to close the hearing. Final action can be delayed up to six months from this date. What is the pleasure of the Council? COUNCILMAN HANSON: I would like to add one further piece of information. This is a little bit difficult in some respects (inaudible) got some information with respect to fiscal disparities which enabled her to calculate what our tax base is really going to be for 1981, and on that basis, taking half of the $601,000 to be put on general taxes - in other words, $300,000 - for 20 years, and she took a high percent of interest at 10% - that