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4 Obviously the assessments would be made in the fall of the year after the work is done, with the interest rate to be determined at that time. MAYOR DEMOS: Any written statements? MR. ANDRE: We have two letters regarding this project, one on behalf of Murphy Motor Freight concurring that the improvements are necessary but objecting to the method of assessments; and we have a letter from Burlington Northern protesting the hearing on the basis that no benefit will inure. MAYOR DEMOS: I will open the hearing to the public and ask that each person come to the microphone and give his or her name and the street address of the property to which they're referring. MR. CLIFFORD LUND, 2241 North Milton. I represent Roberts Properties. We have four buildings on the south side of Terminal Road (inaudible). Terminal Road really isn't in as bad shape as Long Lake. (inaudible) We feel it should be delayed until (inaudible) east or south which may be two to five years down the road. We feel the improvement is necessary and that an overlay would be sufficient on that portion of the road. MR. JERRY HESS, Murphy Motor Freight Lines: I have just given Jim another letter, though it's hand written. We had a real estate appraiser here with us about the first three hours of this marathon. The letter, I believe,would indicate that while he's not averse to the improvement of the road, he does not think the market value of Murphy's property would be enhanced or improved by the road improvement. I think that's essentially what he said. On behalf of Murphy Motor Freight, we were one of the first down in that area and we may have been some of the people putting . pressure on to get that road. We have felt we were good neighbors in Roseville and the laws say you have to have a benefit to the property before you assess it. We don't feel there will be a benefit to our property. We have the opinions of two real estate experts in that regard. They are familiar with the area and the Murphy property and have specified in correspondence to the Council that the market value to the property will not be increased by the improvement. The market value is the standard test in determining whether the property has derived a real benefit. The management at Murphy, despite this feeling, is not adverse to the road improvement or adverse to paying a pro- portionately larger share than the average person in Roseville should pay, but the road is not there for our sole use. The traffic studies you have done have been looked at by us. We have done cursory traffic studies of our own which shows (inaudible). We're being asked to accept 30% of the assessments for that road.