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<br />. <br /> <br />- <br /> <br />22 <br /> <br />I have an operation and maintenance figure that is included in <br />that $358,000 of $114,500 for operation and maintenance and <br />that's over the periOd of life of the buried underground cable <br />and I do not have what they estimate that life to be. They <br />indicate that the depreciation credit on the overhead was 40% of <br />the cost of placing the overhead at that time - apparently it <br />was $21,000 so the depreciated 'credit was $8,400. I'm not sure <br />that helps you but that's all the information I have or that I <br />can recall. I would like to add that on the underground utilities, <br />they are buried and it was mentioned in the report that there <br />would be switching boxes - several of them along the street - <br />and two of them - one on each end - would be rather large, and <br />each building would have its own switching box - a three by three <br />green box that you would see in all underground systems,so.you're <br />not entirely getting rid of the overheads but you're.putting <br />something on the ground at each location potentially. <br /> <br />COUNCILMAN CRICHTON: I just wanted to comment on Mr. <br />Wingert's (inaudible) about underground. I would agree with him - <br />I prefer things being underground. I think there's a benefit <br />physically as well as aesthetically and I agree we require all <br />new developments to be underground, but we're not going to go <br />to all existing places and saying we will pay half of the cost <br />of putting it underground. It would be desirable, but it's a <br />lot of money. There must be something wrong with my eyeballs, <br />but until I saw those pictures Mr. Engelbert showed us (inaudible) <br />I wasn't aware the power lines ran overhead. <br /> <br />MAYOR CREPEAU: I know there are a lot of women in the <br />village that do business in that area, and one of them I live <br />with, and she really has trouble getting out of Arden Plaza. I <br />know a lot of other gals in the village do too. <br /> <br />COUNCILMAN CRICHTON: Because of the overhead power lines? <br /> <br />MAYOR CREPEAU: No. (inaudible) I know the business <br />community and I know them well, and they're doing a great service <br />for Arden Hills and I too feel like Mr. Wingert does and Mr. <br />Hanson that we have to start with something, and I agree the <br />Interim Design is my choice also. The business community have <br />picked up the tab for many years. I can remember'back 23 years <br />now that I've been on this Council and one of the companies that <br />came into this village we made love to and took them away from <br />Roseville. That was Control Data. They at one time paid about <br />40% of the taxes in Arden Hills and so the business community <br />does pay a tremendous amount of money toward the tax base here <br />in Arden Hills. You will find there are a lot of them in the <br />audience this evening that have a (inaudible) tax bill. I went <br />to lunch this noon with a man who owns some property in Arden <br />Hills and he told me his tax bill is $220,000 a year. That's <br />more than mine on my house, but I'm in favor of this. I think <br />