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ARDEN HILLS CITY COUNCIL—May 11, 2009 9 Mayor Harpstead stated that he would agree with this. Councilmember Holmes asked if the residents would have to pay interest on this. Civil Engineer Giga stated that the interest rate for the deferral would be set separately from the adopted assessment roll by the Council. Councilmember McClung stated that Option B is agreeable. Councilmember Grant agreed with Option B. Mayor Harpstead stated that for those REUs whose homes were situated in the middle of the two lots Option B would be a favorable option. It was the consensus of the Council to assess one unit now and adopt a deferred assessment roll for future lots. A future subdivision of the property would trigger the payment of the deferred assessment. However, all deferred assessments must be paid within thirty (30) years of the date of adoption of the assessment roll even if subdivision has not occurred within that time. Mayor Harpstead stated that as far as the number of units he would agree with a total of 90 REUs. This would include Freeway Park and exclude Lindy's Park. Councilmember Holden stated that this would be acceptable. Councilmember McClung stated that he would agree with this. Councilmember Grant stated that 90 REUs would be acceptable. He asked if the easement was the County's responsibility. Civil Engineer Giga stated that Lindy's triangle was right-of-way and she was not sure at this time where it transfers from County right-of-way to City right-of-way. Councilmember Grant stated Snelling Avenue North was originally the County's responsibility and County Road E is County's responsibility. He asked if when the City took Snelling Avenue North they also got a portion of the right-of-way or the right-of-way stayed with the County. Civil Engineer Giga stated that she would verify that the right-of-way was with the City.