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<br />MAYOR LINEBARGER: I'd like to ask Mr. popovich, with <br />costs unpredictable, what's the shortest period you could assess <br />so you could re-look at it? <br /> <br />MR. POPOVICH: You could do it every year. Have an assess- <br />ment hearing each fall to determine what your costs would be for <br />the following year and hold an assessment hearing and assess it. <br />It's like a service charge thing that you'd be doing it. <br /> <br />MR. GEORGE REILING, 661 Heinel Drive: I'm confused. It <br />says here the cost of the improvement is approximately $23,730. <br />How does that get paid? It says assessed to the property owners. <br /> <br />MR. HONCHELL: What we have to do when we publish anything <br />in the paper is publish the highest of all possible alternatives <br />because by law we can take something less and we cannot take <br />anything greater so we pUblish the highest possible cost, and <br />Alternative 2 which says we would give no credit to this area to <br />be on a par with others - just charge the 14 lights (inaudible) <br />that does corne to $23,000. <br /> <br />MR. REILING: It does not cost $23,000 to run the line <br />across Heinel Drive. Northern States Power is charging or not <br />for this? <br /> <br />MR. HONCHELL: If there were 14 lights in there, we have to <br />pay $67.80 per year. <br /> <br />MR. REILING: So you're adding all those meter readings for <br />20 years. <br /> <br />MR. HONCHELL: This is set up on the assessment - it would <br />be a 20 year assessment. <br /> <br />MR. REILING: Are you adding something for the running of <br />the line? Is there something in there for running the line? <br /> <br />MR. HONCHELL: There is no capital outlay we have to make. <br /> <br />MR. REILING: It appeared you were going to assess $23,000. <br /> <br />MAYOR LINEBARGER: If there were 14 lights and not II, and <br />if we were not to give any credit for what we're willing to do <br />in any other part of the system, but in giving a credit for what <br />we would do on a lesser system, and reducing the number of lights, <br />that's where the $10 came from. That's by reducing the lights <br />by 3. <br /> <br />7 <br />