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it would be anything like $25 a foot. COUNCILMAN GRAUEL: Why is this cost estimated so high - because of the smallness of the project? MR. HONCHELL: Partly because of the smallness of the pro- ject, but primarily because your typical water assessment - you assess both sides. You assess an east and a west side. In this case there's no east side to assess. Therefore, the city has to pay a contractor to build it and following the procedure that (inaudible) established we were assessing that portion directly between the lot lines of Minnesota and Woodbridge - not the streets themselves but the property line. That portion of the cost - plus you have two connections to make - one at each end which is relatively expensive, and it's an eight inch main. COUNCILMAN GRAUEL: Can Ban Con construct that cheaper under its own contract1 MR. HAGEN: I think we could add it to the existing contract and maybe there is a way we can bid it to the city. And as you said, it doesn't always save everybody money to go through the bidding procedure. COUNCILMAN HESS: Would it hurt the project if we laid it over until the Bext meeting? MR. HONCHELL: The only reason we're doing it now is - COUNCILMAN conLEY: I will move the matter be taken under advisement and be acted on at the next Council meeting. COUNCILMAN HESS: Second. All in favor; none opposed. COUNCILMAN GRAUEL: What would the difference be, Charlie - they have all of the property that's fronting on Rice street which is part of their project and if they would undertake that on their own and build it to village specifications and you do the inspections, and if they can do it cheaper, what would be the difference if they construct their own project and we assume that project some time in the future as we have. 4