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MAYOR WOODBURN: Further comments from the Council? COUNCILMAN MULCAHY: Again, I would like to inquire whether there's an emerging concensus of the Council on the ten year time period for the lots not held by the developer. I would like especially to hear from Councilman McAllister because of her vote on the last project. . COUNCILMAN McALLISTER: I think we're opening a can of worms. Every assessment hearing from here on out we'll be having people (inaudible) who are going to want it for ten years (inaudible). I really don't know - mathematically - the difference between spreading it over six years or ten years. The first year it makes a big difference. I'm afraid we're going to have this at a lot of hearings (inaudible) and we'll have all kinds of deferments. I think it's a bad thing to start. COUNCILMAN MULCAHY: The whole question is whether we can truthfully say that we have a greater obligation to people who have been with us a long time than we do to people (inaudible). COUNCILMAN HICKS: I support the ten years on two parcels - the Johnston site and the Branch site (inaudible). It's long term residents versus development. MAYOR WOODBURN: We're not looking at long term resi- dents - we're looking at our policy of development (inaudible) whether it's 30 years or one year has nothing to do with that. The developer has a particular development agreement to these particular sites (inaudibLe) accelerated pay-off. It has nothing to do with long term residents. It's a particular development agreement with a contractor. I think we should dispose of the fact that the taxpayers are paying (inaudible). The truth of the matter is that Arden Hills will benefit from this. We'll be getting more interest (inaudible). I'm certain that in the long term the taxpayers of Arden Hills will not pay a penny (inaudible) ten years versus six years. We're going to be getting it back with interest, above the interest we may be getting otherwise. COUNCIU4AN MULCAHY: (inaudible). You might as deserving of the ten the distinction. I thank you for that clarification treat the property across Snelling year (inaudible). I'm concerned about . MAYOR WOODBURN: As far as the years (inaudible) years are good for Arden Hills. We're all citizens of Arden Hills. To me it's not critical on the west side of Snelling either how we handle that, particularly because it is to be developed and platted out. Our previous action would indicate that it would have to be paid off at that point (inaudible). It's how the Council wants to treat this. I think, with the lack of any particular agreement, such as developers ordinarily -15-