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3 <br />improvement that they should receive an acreage eharge, and the <br />£ront footage, depending on the number of front feet you have, <br />� wauld be the front footage charge in of itsel€. The_charg�s . <br />for services are explanatory because there are dif€erent amvvnts <br />£or different size services, and the difference between <br />residential and commercial is justified beeause of different <br />uses of the property, but as I said, the approach is tv finti <br />out what the total aast is. The cost has to be financed and <br />apportioned out as equitably as possi..ble based on �he beneiits the <br />property has received for the improvement that's been put in. <br />It's proposed the assessments be spread over 20 years so <br />the first installment would be co2.Lected beginning with taxes <br />next year and the £irst half of the installment would be due <br />on May 31 and the second in October of 1980. The carrying charge <br />would be at 8$ on the unpaid balance. <br />The Council has adopted in the past, a policy that i€ <br />people wish to prepay to save the interest charges they can pay <br />in full within 30 days after the assessment roll is adopted <br />' and pay no interest, but you have also gone a bit £urther and <br />said you will accept 50 percent of the to tal assessment, <br />so if somebody has a$5,OOD assessment and doesn't want to.pay <br />the full $5000, aT.though they have the right to do it, they could <br />pay $2,500 and the other $2,500 would be spread over the 20' <br />year period of time. <br />COUNCILMAN CRIGHTOPI:' 2'm assuming the figures you were <br />quoting were approximate ones - just for the record., <br />MR. POPOVICH:' I left out same pennies. <br />Mayor Crepeau announced that the meeting was open for the aoa- <br />sideration of objections, if any, to said pxnposed assessment. <br />All persons present were then given the opportunity to pre��nt <br />oral objections, and ail written objections theretb£ore:filed <br />with the City Clerk'Ac3ministrator were presented and consid�red, <br />and all such objections were tabulated as follows: <br />. writ ben communicativns: <br />Edith Ervin, 4441 Highway lOc Protested the ax�ea assessment, <br />indicating that she £elt residents should only be assessed when the <br />improvements are made wrhere they live. <br />Dwight and Georgia Carlson, 4345 Highway 10: Also objected <br />to the area assessment. <br />