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<br />to make on this one. I'll answer any questions that come. <br /> <br />MR. POPOVICH: Mayor and members of the Council, the total <br />cost of this improvement is $107,407.06. Based upon what Mr. <br />Honchell said, $71,893.28 of that will be picked up by State aid <br />funds or on the general tax roll. The balance, or $35,513.78, <br />will be assessed. For those properties being assessed, the <br />street cost is $75.38 per front foot, the sanitary sewer is <br />$31.67. If sanitary sewer services are needed, it's $543.13 for <br />each sanitary sewer service from the street to the property line. <br />Water services are $637.15. It is proposed to assess this at <br />the carrying charge of 8% because this came under prior to when <br />all the interest rates went higher. It will be spread over the <br />period of time indicated in the notice, which I recall is 20 <br />years, or is it 15? We went to 15 on this. Obviously they <br />have the right to prepay within 30 days after the adoption of <br />the assessment roll and save all interest charges. Otherwise it <br />will be collected with their real estate taxes beginning next <br />yea r . <br /> <br />There were no communications. <br /> <br />MAYOR DEMOS announced that the meeting was open for the <br />consideration of objections, if any, to said proposed assessment. <br />All persons present were given the opportunity to present oral <br />objections. <br /> <br />No one appeared to be heard. <br /> <br />Mayor Demos declared the hearing closed and Councilmen <br />Kehr moved that the adoption of the proposed assessment be con- <br />tinued to September 24, 1981, at 7:30 o'clock p.m. The motion <br />was seconded by Councilman Franke and the following voted in <br />favor thereof: All; and the following voted against the same: <br />None. The motion carried. <br /> <br />3 <br />