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<br />MR. CHRISTOFFERSEN: It was the increase in price per <br />foot for watermain. Remember now, the City picked up part of <br />that cost in the previous improvement. <br /> <br />MR. CARLSON: This is before it has been let out for <br />bids. You're making an estimate. <br /> <br />. <br /> <br />MR. CHRISTOFFERSEN: Yes, an estimate of the cost. <br /> <br />MR. CARLSON: Is tost of that because it's a small <br />project or is it because the materials and cost of labor - <br />it's my understanding that materials and labor should be <br />possibly less than they were a year or two ago. <br /> <br />MR. CHRISTOFFERSEN: We've been receiving relatively low <br />bids, granted, but we're reluctant to use the lowest bids. <br />We're using the average to make our estimates. In the near <br />future, we expect it to turn around and we'd rather tell you <br />that the job is going to cost more and - if it goes through - <br />have it come in at a lesser cost than to tell you it's going <br />to cost less and have it come in a lot higher. Another <br />point is that this is a one-sided assessment. If there were <br />properties on the other side being assessed, it would be <br />$25.00 a foot. <br /> <br />MAYOR WOODBURN: Could you clarify this question a bit? <br />In the project you're talking about $14.00 a foot - you're <br />talking about industrial was dumped into there. . . <br /> <br />MR. CHRISTOFFERSEN: That's right. <br /> <br />MAYOR WOODBURN: (Inaudible) part of yours at that <br />point. We're talking about a lot of sewer that went through <br />there - two-sided (inaudible) and so it isn't the increased <br />cost. The cost would have been not that much different. <br /> <br />MR. CHRISTOFFERSEN: It has gone up somewhat, but not <br />that much. <br /> <br />MAYOR WOODBURN: So what you're talking about - before, <br />when you didn't want it - you would have been sharing that <br />cost with other people. They've already been paying for <br />some years. <br /> <br />MR. CARLSON: Do you have any kind of a crystal ball <br />estimate - if we were to find out three, four years from now <br />that there was a problem developing more than it is now - to <br />the extent that we would have to put the water in - what <br />the estimated cost might be? I'm sure that's pretty diffi- <br />cult to do, given that material costs stay relatively <br />stable. <br /> <br />. <br /> <br />MR. CHRISTOFFERSEN: I don't think that will happen. <br />I think you could anticipate maybe five to ten percent <br />increase every year. <br /> <br />-6- <br />