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, <br />• 14 <br />• of it sc ths record will be clear on that. I shculd also <br />point out that these project�d costs which wo have sk�tchily <br />given you tonight and which are explainad in the brochure, are <br />merely estimates at this time. Under the lccal improvement coda, <br />as we ars prccetdin9, the costs once the full amo�nt of ths <br />project is known. the special assessment costs are determined <br />by the engineer and Village Clerk, approved by the Council <br />tentatively and an assessment hsaring is hald. at which time ycu <br />will have a chance to ccme in. You wili then know what your <br />individual piece of property will be chargQd and you will have a <br />right tc oppose it or objeet te it at that time, the thecry being that <br />the assessm@nt against any piecs of property cannot ba mad� unless <br />there is an eqtiivalant or greater benefit to the prop�rty r�caived. <br />. t,nce that assessment hearing is held and any obj@ctionc have been <br />analyzed and handled by the Countil� that is then adopted finally <br />and that asseasment roll as adopted stays hasein the Village Hall <br />for 3C days at which tim� anybody has the right to come in and <br />pay ynir assessment during that 30 day period without any interest <br />charge. Ir. other wcrds� the $&90.00 that we mentioned here - you <br />couid come in and pay the whol• thfng during that 3G day period. <br />Subseyuent thereto. the Clerk will certify that assessment roil to <br />the County Auditcr cf F.amsey County who would spread the assassment <br />cver the 2G y4ar period and ccllect it with your yearly taz�s. <br />If then you decide nct to pay the full amaunt the first yQar. for <br />example, say this whole thing pracQeds and sc�metiaw next fall an <br />assessment hearing i6 held and approved on October 1, you have the <br />� whole month of �ctobos to determin� whethor you'ro going to pay it <br />cr not and you decide not tc, so the Councit :hen on November 1 <br />