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lined - the total value. That actualiy seems to not be com- pletely consistent with the already existing boundary for the black line. The dark black line includes the property to the west of Old Highway 10, for example, � P�4R, CHRSSTOFFERSEtds Thare's an overlap. COUNCILP9AlV CRICHTON; How about the dotted line at the top that incZudes the arsenal? Are you suggesting deferred assess- c�nts {inaudible)3 P�1R, CHRISTOFFERSEN; That was in the original one that we prepared in February, i believea I left it as such in the event of (inaudible) 2 doubt that anything can happen, but I'd rather have it too big than too smalle COUNCILTIAN CRICHTON: If something is dec3ded on and we go ahead, the assessment hearing is the time exact boundaries will be 8ecided one P4R, POPOVICH: Eor assessment purposese COUNCiLP9APd CRICHT0IV: Dqes this mean again - speaking of the boundaries - that the Northern States Power property east of Highway 694 is not included? t�iR, CHRISTOFFERSENe This was included in the previous onee COiiNCILi7AN CRICHT0�7a t4y next questian has to 80 - this is to idr, Popovich so I'm sure I understand - there is some statute or policy which deals with deferring assessments for elderly persons - so T can better understand it, when is that possible? MR. POPOVICHe The Council has the prerogative to adopt an Ordinance that defers assessments for elderly people if it in its ordinance determines what might be a hardship or no�o You may do that on a basis of income or pension, but assuming that the Council determined to adopt that kind of Ordinance and the people would meet those standards that you had, you aould defer the assessments. That means there's no principal and interest paid, but the interest accumulates each year and within a certain period of time if the people die or the property is sold, then it all comes due and there's a com- pounding of interest and the principal all during that period of time, so it's a judgment question whether people even want to request a deferral, but for those elderly who may, and � they meet your standards, the Council could do ite Whether or not you u�ant to adopt that kind of Ordinance means that the individuals involved have to fill out an application that they comply and it mesns disclosing all their income from all sources. COUNCILA9AN CRSCHTON; If we had such an Ordinance and someone qualified, the payment due would be deEerred until it 23