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! <br />MR. POPOVICH: "As I remember the feasibility report, the <br />cost we have given you does not include anything for the acqui- <br />sition of the property, does it, Don?" <br />MR. CHRISTOFFERSEN; "No." <br />MR. POPOViCH: "So that would be left to what other <br />nec}ot3ations - bther considerations may be that are involved," <br />C UNCI CRICHTON; "it ass s a trade because if we <br />don't the other section � Connelly, then there is <br />not enouqh parking space for the building." <br />MR. CHRISTOFFERSEN: "That's the assumption i was going on - <br />that they were swapping land." <br />MR. POPOVICH: But there's no assumpt3on that there would <br />be any other cost added to this." <br />• MR. FLAHERTY: "The cost £actor involved in that is a cost <br />factor (inaudible) so what we're trying to do is achieve the <br />smallest cost possible for the whole development. That's why <br />i thought maybe a21 of the factors that went zn to deveZop <br />• miqht be subject to discussion rather than have the whole <br />thing done and then at some future time have a determination <br />made as to the method upon which construction would be assessed." <br />� <br />� <br />MR. POBOVICH: "I think what the Council has to ascertain - <br />becanse this is a feasibility hearinq and the assessment hearinq <br />doea come later - but based on the feasibility report, is he <br />opposed to the improvement going ahead assuming the warst, be- <br />cause if it turned out to be the worst, then abvioualy the <br />Council ought to know that and you would consider whether you'd <br />order the i.mprovement. As to whether there's any portion you <br />could work out depending on what other considerations come into <br />play - the openinq of bids - the cost of the project - some of <br />these other things - then obviously that, you can take into <br />consideration when the fina2 assessmenEs are made prior to the <br />assessment hearing and the adoption of the assessment roll, but <br />Mr. Flaherty, you don't convey to the Council that the project <br />is not feasible." <br />5 <br />