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practice on street lights is to assess the difference between what the City would have to pay if that was a standard wooden pole, line above the ground type of street light and, in this case, the underground-fed electrical system for that light. It costs about $2.20 or so a month difference for that light and the power. The practice has been for the City to pick up really the bulk of the cost, which is what a standard light would be because it does meet our system of being on an intersection, and to assess the difference between that cost for the regular light and this underground-fed light, for a 20 year period, including anticipated increases for the NSP power. That's what is proposed in this case. MR. POPOVICH: cost is $4,192.25. the rate of $20.45 8% carrying charge Mayor and members of the Council, the total It's 100% assessed. It will be assessed at per unit, times the number of units, with an over the assessment period. There were no written communications. MAYOR DEMOS announced that the meeting was open for the consideration of objections, if any, to said proposed assessment. All persons present were given the opportunity to :'pre!:;ent oral objections. MRS. KAREN BAHNEMANN, 2656 North Lexington: Mrs. Bahnemann indicated that they had not requested the light, but that the condominium apartments did. She did not feel they should be assessed because they receive no benefit from the light. Mayor Demos declared the hearing closed, and Councilman Johnson moved that the adoption of the proposed assessment be con- tinued to August 24, 1981, at 7:30 o'clock p.m. The motion was seconded by Councilman Kehr and the following voted in favor thereof: All; and the following voted against the same: None. The motion carried. 2