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HONCHELL: This project as far the street construction por- tion, is similar to the first two. Mainly, its a 32 foot residen- tial style road. The difference in this project is that also incorporated is the construction of storm drainage sewer faci- lities and catch basins to pick up the water as it drains to the road and along the road. The area in blue shown on the overhead encompasses those parcels that are included in the storm sewer section of the assessment. You might note that the four most easterly lots closest to Hamline Avenue, are not included. The reason for that is because in years gone by, in fact several years, they were a part of another storm sewer project, and it has been the City's policy to assess parcels one time for storm drainage, unless its for a particular improvement that improves the original work. So those were left off the assessment. Storm drain construction is assessed in a manner similar to the streets, in that it is only 2S% assessed on the real cost. DEMOS: Mr. Deans? DEANS: Mayor and members of the Council, the total cost of this project is $99,736.03. The paving portion is $76,796.7S. There are 2,525.1 assessable feet which would be lOOt assessed at a rate of $30.41. When it is reduced according to City policy, it will be assessed at a rate of $7.60 per foot. The cost of the storm sewer portion is $22,939.28. There are 27 units. The cost would be fully assessed at $849.60 per unit. When that is reduced according to the City's policy, it will be assessed at a rate of $212.40 per unit. $24,92S.56 will be received from spe- cial assessments and $74,810.47 from general taxes to be assessed over a 15 year period at a rate that we recommend of 10.5%, with the 30 day prepayment provision. DEMOS: We will now open the hearing to the public. Does anyone wish to speak? If not, we'll close. DEMOS: Then we move to the last one which is SS-P-B3-4. Southeast corner of Dale and County Road B - sanitary sewer relo- cation. HONCHELL: This particular project was done by the Metropolitan Waste Control Commission after they had signed an agreement with the City, and we in turn held a special assessment hearing to establish how we would obtain our share of the funds. As you may recall, this is the southeast corner of Dale and County Road B. There is both an existing city storm sewer which is shown in green that crosses the parcel and an existing sani- tary sewer which is shown in the yellow, blue and against the yellow also across the parcel. When the owners of the property .were ready to develop it, it was found that there was a problem with this portion of the sanitary sewer itself and it was going to be a severe problem for the owners to build. Also eventually for the governmental agency in the future, if this should get developed and then have an unexpected collaspe. The MWCC