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sewer construction and drainage facilitiea in the Karth Lake Estates and Karth Lake Hills area plat. The area is generally loaated between fiamline Avenue on the west, and Lexington on the east, and south oE State Trunk Highway 96, and north of Control Data. MAXOR CREPEAUa Mr. Popovich, will you explain the financing. I�1Re POPOVICHe This project, o�hen originally heard, had an • estimated cost of $1,D70,000. The final cost on the improvement as it was constructed is $777,843.75. The project will be assessed at $1,508,00 par unit for sanitary sewer, $1,187.00 ger unit for Hratermain, $2,760.�0 for the street portion, and the sanitary sewer area cost which wiZl affect 11.8 acres is $620.00 per acre. The assessments will come out to $5,455.00 per lot with approximately $160.00 more ior that portian that carries the area charge for the sanitary sewer at tlze $620.00 divided worked out per area so it will anproximate $5,615,00. The assessments will. be over a 20 year period of time at an 8$ carrying charge with the usual right of prepayment in the next 30 days or at the end of each year in any year thereafter iE it's not paid within the next 30 day period of time. The Niayor annouziced t.Yat the meeting was open for the con- sideration of objections, if any, to said proposed assessment. All persons present were then given the opportunity to present oral objections, and all saritten objections theretofore filed with the City Clerk Administrator were presented and considered, and all such objections c�ere tabulated as follows; There were no written communications. A4Re MARCEL EIBENSTEINER, owner of the Karth Lake projecte Purchased the back half of several pieces of property, and asked if the owners who have their ho�s on the front portion of the property would be assessed. Mre Christoffersen replied that there were no assessments on the front portions of the lots abutting on Hamline Avenue. idRS. ELEANOR HARTP�IP,RK, 1280 ?aest Highway 96: Asked if their property vrould receive the street improvement. P4r. Christoffersen replied that there would be no street z�sessment, but there would be a water and sewer assessment. n4rs. Hartmark said that they have a lot to the south, and P�ro Christoffersen answered that that was part of the development that the Iiart- marks had worked out with the developer and that is reduced for . water and sewer and street.