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. �. 2 • MR. CHRISTOFFERSEN: Janet Estates includes the construction of sanitary sewer, watermain, streets and drainage for the Janet Estates development. MAYOR CREPEAU: Mr. Peter Popovich will briefly elcplain the financing. MR. POPOVICH: This matter was 100 percent petitioned for. There was no neaessity for a feasibility hearing. . It's 100 percent assessed. The total cost is $119,591. There are some 15 lots involved. The sanitary sewer comes out to $2,230 per lot; water is $1,450 per lot; storm sewer $1,343; and there are nine lots of street at $4,913 per lot. The assessment will be spread for 20 years at 8� with the right of prepayment. ASRS. MC NIESii: There were no written coimnunications. Mayor Crepeau announced that the meeting was open for the cons3deration of objections, if any, to the proposed assessment. All persons present were then given the opportunity �o present oral objections. _ No one appeared to be heard. . Mayor Crepeau closed the hearing and Councilman Wingert introduced the following resolution and �ved its adoption: RESOLUTION NO. 79-43 RESOLUTION ADOPTING AND CONFIRMING SMENTS FOR IMPROVEMEN'i' N�. SS-W-P-78-1 BE IT RESOLVED by the City Council of the City of Arden • Hills, Minnesota, as follows: 1. The amount proper and necessary to be specially assessed at this time for Improvement No. SS-W-P-78-1 against every assessable lot, piece or parcel of land a£fected therehy has been duly calculated upon the basis of benefits, without regard to cash valuation, in accordance with the provisions of Minnesota Statutes, Chapter 429, as amended, and notice has been duly mailed and published, as required by law, that this Council would meet to hear, consider and pass upon all objec- tions, if any, and said proposed assessment has at all times since its filing been open for public inspection, and an oppor- tunity has been given to all interested persons to present