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<br />. <br /> <br />. <br /> <br />County Auditor. The County Auditor requires all of these to be <br />in by October 10, back up 30 days from that and you're up into <br />the first week of September, so you've only got a week to play <br />with if you lay it over for further consideration. If you miss <br />that October 10th certification, the matter gets delayed for one <br />whole year - then we have to come back next year and assess and <br />we have one more year of capitalized interest because we have to <br />add it to the cost of the improvement and assess that at the <br />interest rate - so it would increase everything proportionately <br />if it got stalled for one year. I hope the Popham firm repre- <br />sentatives are not interested in delaying it one year because I <br />know they represent some cities too and they've been on the <br />other side of the table from the side they're on tonight. We <br />just can't delay it so that a year goes by because the costs will <br />all go up 10% on the interest charge and we'll be right back a <br />year from now trying to make the assessments. <br /> <br />On the other hand, if the Council decides not to lay it over <br />and adopts the roll as it is tonight, they have the 20 days to <br />file notice with us and an additional ten days to file it in <br />district court and the matter will be put on and meanwhile we'll <br />be collecting assessments on the other properties not being <br />challenged and the interest will begin to run and the people who <br />have not objected can make prepayments. We just zero in then on <br />a specific number of properties rather than delay the whole <br />assessment roll. I would not want to see that happen. As in the <br />past, if during the course of appeal, there is anything that <br />objectors are able to show that would satisfy the City Attorney, <br />Mr. Lynden, and myself, and there's always a chance of compromise <br />at that particular point if, in fact, there's been something <br />presented to us that we haven't seen before. But I think in all <br />the years I've been out here, which goes back to the mid-50's, <br />we've only had one assessment appeal, which was compromised just <br />before trial - the water deal here a year or so ago. That's the <br />only one of all the assessments that I can recall, from the <br />hundreds and hundreds of assessments that have been made in the <br />City. <br /> <br />So I think we ought to find out from - particulary the <br />attorney here who threatens the litigation - whether they feel <br />there's any benefit. If they say there's no benefit at all, <br />then it's black and white - you might as well go ahead and let's <br />fight it out in another arena. On the other hand, if they feel <br />there is some benefit - it's a matter of degree - then they <br />should tell us. We say it's worth 85% of the total cost of the <br />improvement - if they say it's nothing, then you're miles apart. <br />On the other hand, if they say it's worth 50% or 60%, then we're <br />zoning in on a particular area. Whether they want to do that <br />tonight or do it - assuming you lay it over for one week, and <br />you'll have to check your own agendas - whether or not you can <br />schedule a reconvened meeting in time to get that 30 days <br />starting to run before October 10th. <br /> <br />MRS. McNIESH: We do have a meeting a week from tonight. <br /> <br />10 <br />