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� <br />• 16 <br />� aizeable increase of real estate valuaticn hese within the <br />village so that were you to fcrget about perscnal prcperty you <br />��-ould have the same assessed valuation as you had last year and <br />censeyuently are going to have a sizeabie increase. N� �stimate <br />that it +.�ill exceed �2 million dollars and perhaps hit �2.100,000.00. <br />These are preliminary figures �hich we got from the Assassor's <br />of£ice and wa can see a healthy increase there. <br />Gne last piece c:f informaticn about procedure. h Council, <br />as you kno���, is proceedinq undez their own initi.ative. Ir� other <br />words. they have had so many requests from pec�le orally and <br />£ormally th�t they passed a resoluticn askinq the engineers to make a <br />study and setting this hearing. Supposing any other portion of <br />the village tivant3 to mcve ahead - it can be dcne by th• method <br />• assuming the Ccuncil dcesn't proceed under its awn initiative, <br />:hen enly 35d cf tha affected people need siqn the petition. The <br />Ccnncil is mcving only in thcse areas where they think therQ is a <br />great need and demand and then only after a public hearing of this <br />kind indicates that the pecp�e cf the area are in favor of the <br />propcsed improvement. <br />Mr. Short and I�Nill be happy to answer any yuestions you may <br />have but followk the procedure as I earlier cutlined. (Applause). <br />d�,AYOR ASHBACH: Thank you, Mr. Popovich. No•�v, any of you <br />WY16 have any questions cr 3�ust want tc find out mcre infcrmaticn, <br />don't hesitate tc rise and give your na� and address and state <br />whether it's for information or �,vhether yeu're for cr against the <br />imorovement. These are nct our rules. Vte're operating undor a <br />� state law which says we must conduct meetings in this fashion so <br />if there's anyone whc has a questien - <br />NR. RICFiARD .70IdES, 1663 Glen Paul Road. Thi� question should <br />