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<br />r~YOR DEMOS~ At this time I'd like to ask ~tr. Popovich <br />to present a summary of assessments. <br /> <br />MR. POPOVICH: In order to cover all three possibilities, <br />the published notice had an estimated cost of $26,681. If you <br />go for Alternate I, then the total cost would be $11,294 for the <br />one lot and it would be assessed at $15.47 a foot, or 100%. <br /> <br />If you go for Alternate II, then it's $23.92 a foot. <br /> <br />And Alternate III which would be Phase Au Band C would be <br />$10,563 for one lot, $4,387.20 for another, and $ll,730 for the <br />other, bringing you to that total figure of $26,681. <br /> <br />Phases A and B would be 100% assessed, but if you go for <br />Alternate III, Phase C might only be partially assessed in view <br />of the new assessment policy the Council adopted last month. <br />Then the balance would go on general taxes which would be <br />$7,993 of the $26,581 totally contemplated. <br /> <br />It's anticipated that the assessments would be spread over <br />20 years with the ~~ carrying charge that has been historic. <br /> <br />MAYOR DEMOS: Do you have any written statements? <br /> <br />MR. ANDRE: None on this project. <br /> <br />bmYOD DEMOS: I would like to open the hearing to the public <br />and I would remind you this is only for the hearing of Old Highway <br />8 and County Road D at this time. I'm asking that each speaker <br />identify him or herself and the street address to which you "re <br />referring. Is there,Janyone here? Is there anyone here regarding <br />Old Highway 8 and County r~oad D? If not, I will close the hearing. <br /> <br />COUNC ILL"\!lAN GRAUEL ~ I'd 1 ike to c-J sk a que st ion 0 f the eng ineer. <br />Hovl is 3114 being served novv? [,0 they just have a drain field <br />there? <br /> <br />MR. HONCHELL: It's my understanding they have a septic tank <br />and field. <br /> <br />I".lAYOH T")[;MO[,: Any further questions? <br /> <br />COUNCILi\llAN HE;,,: .2400 isn't in that block. <br /> <br />Mr. HONCHELL: It's proposed for sale. <br /> <br />3 <br />