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<br />COUNCILMAN MULCAHY: Do we wish to return to the question <br />on the Johnston property (inaudible) in terms of the possibility <br />of a longer payoff period? <br /> <br />. <br /> <br />COUNCILMAN HICKS: It seems to me that that's a reasonable <br />thing to do, on the same basis as what we've just done on the <br />Hansen property. That would be my position. The next question <br />is - there are lots l6 and l7 - that's private ownership, out- <br />side of Arden Oaks - and then there's the property across the <br />road, although that property across the road is in the process <br />of being subdivided. We might logically use the six year rule <br />on that and ten years on the other private property. (Changed <br />tape) . . . might argue that they should have a ten year <br />period like any other private ownership outside of the Arden <br />Oaks development. It's a little different, in a way, because <br />lot l6, I think, is for sale and the owner may not have it <br />long. <br /> <br />COUNCILMAN MULCAHY: <br />is that not true also on <br />piece and that's one big <br />ship. <br /> <br />Following up on your observation - <br />the Behr property? That's a large <br />assessment and that's single owner- <br /> <br />MR. CHRISTOFFERSEN: <br /> <br />This is single ownership. <br /> <br />MRS. McNIESH: That has a total assessment of $23,474.95. <br /> <br />MR. CHRISTOFFERSEN: There have been some plans submitted <br />to the City (inaudible) indicating that this would be a lot <br />and they would divide off this portion in here as a lot some- <br />how. <br /> <br />COUNCILMAN MULCAHY: <br />point is that we ought to <br />here (inaudible). <br /> <br />I can see that, but I think the <br />be concerned with the principle <br /> <br />COUNCILMAN HICKS: I would guess that that particular <br />site is more likely to be subdivided and sold, more likely <br />than the Johnston property. <br /> <br />COUNCILMAN MULCAHY: That could be, but we all know that <br />it sometimes takes a long time to sell. <br /> <br />. <br /> <br />COUNCILMAN HICKS: My point is - if you apply the ten <br />year rule to that property also (inaudible). <br /> <br />MRS. ZEHM: I might add that they do have approval to <br />subdivide as Don Christoffersen had described - those two <br />lots - the Behr lot. They just have not recorded it. <br /> <br />COUNCILMAN MULCAHY: Is that something that lasts forever? <br /> <br />MRS. ZEHM: There's no time limit. <br /> <br />-l2- <br />